HealthEquity (HQY) : Traders are bullish on HealthEquity (HQY) as it has outperformed the S&P 500 by a wide margin of 19.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.11% in the last 1 week, and is up 16.69% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 7.36% and the 50-Day Moving Average is 13.07%.The 200 Day SMA reached 32.23% HealthEquity, Inc. is up 19.26% in the last 3-month period. Year-to-Date the stock performance stands at 38.33%.
HealthEquity (HQY) : The highest short term price target forecast on HealthEquity (HQY) is $40 and the lowest target price is $35. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $37.8 with a standard deviation of $2.28.
For the current week, the company shares have a recommendation consensus of Buy. HealthEquity (NASDAQ:HQY): The stock opened at $33.92 and touched an intraday high of $34.74 on Friday. During the day, the stock corrected to an intraday low of $33.84, however, the bulls stepped in and pushed the price higher to close in the green at $34.68 with a gain of 2.24% for the day. The total traded volume for the day was 1,498,500. The stock had closed at $34.68 in the previous trading session.
HealthEquity, Inc. is a provider of a range of solutions for managing health care accounts (Health Savings Accounts (HSAs)), Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans, insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions. The Companys platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings, compare treatment options and pricing, evaluate and pay healthcare bills, receive personalized benefit and clinical information, earn wellness incentives and make educated investment choices to grow their tax-advantaged healthcare savings. The Companys products and services include healthcare saving and spending platform, health savings accounts, investment advisory services, reimbursement arrangements and healthcare incentives.