Select Medical Holdings Corporation (SEM) Shares are Up 5.3%

Select Medical Holdings Corporation (SEM) has been under a strong bear grip, hence the stock is down -0.93% 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 4.77% in the past 1 week. The stock has risen by 5.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.06% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 4.07% and the 50-Day Moving Average is 6.72%.The 200 Day SMA reached 6.75%. Select Medical Holdings Corporation has dropped 5.61% during the last 3-month period . Year-to-Date the stock performance stands at 1.76%.


Select Medical Holdings Corporation (NYSE:SEM): After opening at $11.84, the stock dipped to an intraday low of $11.72 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.14 and the buying power remained strong till the end. The stock closed at $12.12 for the day, a gain of 3.15% for the day session. The total traded volume was 420,484. The stocks close on the previous trading day was $11.75.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical, occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. As of December 31, 2014, the Company had operations in 41 states and the District of Columbia.

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