HealthSouth Corporation (HLS) has been under a strong bear grip, hence the stock is down -3.49% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.88% in the past 1 week. The stock has risen by 1.39% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.61% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.44% and the 50-Day Moving Average is 0.83%.The 200 Day SMA reached 9.64%. HEALTHSOUTH Corp. has dropped 0.22% during the last 3-month period . Year-to-Date the stock performance stands at 18.68%.
HealthSouth Corporation (NYSE:HLS): After opening at $40.25, the stock dipped to an intraday low of $40.165 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.82 and the buying power remained strong till the end. The stock closed at $40.81 for the day, a gain of 1.52% for the day session. The total traded volume was 508,183. The stocks close on the previous trading day was $40.2.
HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses, which include physical and cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, head injuries, spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31, 2014, the Company operated 107 inpatient rehabilitation hospitals. The Companys inpatient hospitals are concentrated in the eastern half of the United States and Texas.