Universal Health Services (UHS) has been under a strong bear grip, hence the stock is down -5.02% 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 0.54% in the past 1 week. The stock has risen by 1.05% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.15% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 6.64%.The 200 Day SMA reached 2.09%. Universal Health Services Inc. has dropped 11.8% during the last 3-month period . Year-to-Date the stock performance stands at 1.26%.
Universal Health Services (NYSE:UHS): After opening at $119.5, the stock dipped to an intraday low of $119.2 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $120.94 and the buying power remained strong till the end. The stock closed at $120.7 for the day, a gain of 1.58% for the day session. The total traded volume was 605,313. The stocks close on the previous trading day was $118.82.
Universal Health Services, Inc. is a holding company. The Company operates through its subsidiaries, which owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. The Companys segments include acute care hospital services, behavioral health care services and Other. The Companys ambulatory treatment centers division includes managing and/or owning or in partnerships with physicians, five surgical hospitals and surgery and radiation oncology centers located in four states. Its services include general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services and/or behavioral health services. It provides capital resources, as well as various management services to its facilities. The Companys subsidiary is UHS of Delaware, Inc.