Inovalon Holdings (INOV) : During the past 4 weeks, traders have been relatively bearish on Inovalon Holdings (INOV), hence the stock is down -8.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.19% relative to the S&P 500. The 4-week change in the price of the stock is -8.58% and the stock has fallen -5.04% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.35% and the 50-Day Moving Average is 8.18%.The 200 Day SMA reached 15.48%
Inovalon Holdings (NASDAQ:INOV): After opening at $14.41, the stock dipped to an intraday low of $14.39 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.81 and the buying power remained strong till the end. The stock closed at $14.71 for the day, a gain of 1.94% for the day session. The total traded volume was 633,604. The stocks close on the previous trading day was $14.71.
Inovalon Holdings (INOV) : Average target price received by Inovalon Holdings (INOV) is $15 with an expected standard deviation of $3.32. The most aggressive target on the stock is $20, whereas the most downbeat target is $11. 5 financial analysts are currently covering the stock.
Inovalon Holdings, Inc. is a technology company. The Company combines advanced cloud-based data analytics and data-driven intervention platforms to provide services for health plans, hospitals, physicians, patients, pharmaceutical companies and researchers. Through its datasets, integration technologies, predictive analytics and subject matter expertise, the Company delivers platforms. Its analytics identify gaps in care, quality, data integrity, and financial performance, while providing clients with capabilities to resolve these gaps. The Companys data analytics and intervention platforms consist of four primary components: data integration, advanced analytics, intervention platforms and business processing. This system manages the process of defining and configuring industry data feeds from its clients and partners, including electronic health records, laboratory, pharmacy, patient reported, claims, paper based medical records, biometric, and hospital data feeds.