Team Health Holdings (TMH) Shares are Up 1.85%

Team Health Holdings (TMH) has been under a strong bear grip, hence the stock is down -4.08% 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 1.68% in the past 1 week. The stock has risen by 1.85% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.6% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.48% and the 50-Day Moving Average is 8.43%.The 200 Day SMA reached 20.03%


Team Health Holdings (NYSE:TMH): After opening at $32.59, the stock dipped to an intraday low of $31.33 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $32.725 and the buying power remained strong till the end. The stock closed at $32.56 for the day, a gain of 0.43% for the day session. The total traded volume was 806,457. The stocks close on the previous trading day was $32.56.

Team Health Holdings (TMH) : 10 investment research analysts covering Team Health Holdings (TMH) have an average price target of $43.3 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $35 for the short term. Analysts expect the variance to be within $4.57 of the average price.

Team Health Holdings, Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine, anesthesia, specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine, military and Government healthcare staffing, scribes, clinical services, nurse call center operations. The Companys Other Services segment also offers billing, collection and consulting services, which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).

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