Early Briefing and Review: HCA Holdings Inc., Health Management Associates Inc., Tenet Healthcare Corp., and Universal Health Services Inc. Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 30, 2013 /PRNewswire/ --
On Friday, September 27, 2013, all three indexes of the US equity market edged lower. The S&P 500 ended the day at 1,691.75, down 0.41%; the Dow Jones Industrial Average closed at 15,258.24, down 0.46%; and the NASDAQ Composite finished at 3,781.59, down 0.15%. Shares in hospitals mostly ended on a lower note as the broader market posted losses. The major movers in the industry included HCA Holdings Inc. (NYSE: HCA), Health Management Associates Inc. (NYSE: HMA), Tenet Healthcare Corporation (NYSE: THC), and Universal Health Services Inc. (NYSE: UHS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
HCA Holdings Inc.'s stock edged lower on Friday, reversing most of the gains from the previous trading session. The company's shares ended the day at $42.07, which is 0.71% lower than the previous day's price of $42.37. The company's shares vacillated between $41.91 and $42.57 during the trading session. A total of 2.77 million shares were traded, which is below the daily average volume of 3.22 million. Despite Friday's pullback, the company's shares have gained 8.57% in the last one month and 16.67% in the previous three months, outperforming the S&P 500 which has advanced 3.60% and 5.32% during the respective periods. Further, HCA Holdings Inc.'s stock is trading near its 52-week high of $43.11 as well as above its 50-day and 200-day moving averages of $39.47 and $37.67, respectively. Sign up for free report on HCA at:
Shares in Health Management Associates Inc. fell by 0.63% on Friday, tracking losses in the broader market. The company's shares traded between $12.59 and $12.74 before finishing the day at $12.60. A total of 5.27 million shares were traded, which is less than the daily average volume of 5.97 million. Despite Friday's losses, the company's stock is trading above its 200-day moving average of $12.21. Moreover, Health Management Associates Inc.'s shares have fallen by 1.64% in the previous three trading sessions, compared to a loss of 0.33% in the S&P 500 during the same period. HMA free technical report can be accessed by signing up at:
On Friday, Tenet Healthcare Corp. stock edged lower to close at $40.33, down 0.76% from the previous day's closing price of $40.64. The company's shares oscillated between $39.93 and $40.53 during the trading session. A total of 0.80 million shares were traded, which is below the daily average volume of 1.48 million. Despite Friday's pullback, the company's shares have gained 1.92% in the last one month compared to a gain of 3.60% in the S&P 500 during the same period. Furthermore, Tenet Healthcare Corp.'s stock is trading below its 50-day and 200-day moving averages of $41.26 and $41.49, respectively. A free report on THC can be accessed by registering at:
Shares in Universal Health Services Inc. closed nearly flat on Friday, even as the broader market ended on a negative note. The company's shares ended the day 0.03% higher at $74.29, after fluctuating between $73.56 and $74.73. A total of 0.56 million shares were traded, which is below the daily average volume of 0.61 million. The company's shares have advanced 7.32% in the last one month and 10.95% in the previous three months, outperforming the S&P 500 which has gained 3.60% and 5.32% during the respective periods. Additionally, Universal Health Services Inc.'s stock is trading close to 52-week high of $74.87 as well as above its 50-day and 200-day moving averages of $70.39 and $63.35, respectively. Register with AAA Research Reports and download research on UHS for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports