Select Medical Holdings Corporation (SEM) Shares are Up 3.21%

Select Medical Holdings Corporation (SEM) : Traders are bullish on Select Medical Holdings Corporation (SEM) as it has outperformed the S&P 500 by a wide margin of 11.99% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.04%, 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 3.21% in the last 1 week, and is up 11.39% 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 7.58% and the 50-Day Moving Average is 13.07%.The 200 Day SMA reached 18.28%


Select Medical Holdings Corporation (NYSE:SEM): After opening at $13.37, the stock dipped to an intraday low of $12.9817 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.61 and the buying power remained strong till the end. The stock closed at $13.5 for the day, a gain of 2.20% for the day session. The total traded volume was 893,822. The stocks close on the previous trading day was $13.5.

Select Medical Holdings Corporation (SEM) stock is expected to deviate a maximum of $3.75 from the average target price of $13.17 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $10.

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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