Large Outflow of Money Witnessed in Team Health Holdings

Team Health Holdings (TMH) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.68 million) and the uptick to downtick ratio was 0.6. The transaction value on upticks was $2.56 million and on downticks, the transaction value was $4.24 million. In block trades, the transaction value of inflow done during uptick was $0.32 million. The transaction value of block trades during downticks was $2.09 million. The uptick to downtick block trade ratio was 0.15. The money flow was negative ($1.77 million), indicating the traders were booking profit on the price strength. Team Health Holdings (TMH) rose $0.74 at $32.54, during intraday Wednesday , a rise of 2.33% over the previous days close.


Shares of Team Health Holdings, Inc. appreciated by 4.69% during the last five trading days but lost 2.57% on a 4-week basis. Team Health Holdings, Inc. has dropped 19.66% during the last 3-month period . Year-to-Date the stock performance stands at -24.79%.

Team Health Holdings (TMH) : The consensus on Team Health Holdings (TMH) based on 11 analyst recommendation on the company stock is 1.55, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Team Health Holdings (NYSE:TMH): The stock opened at $31.8 and touched an intraday high of $33.04 on Wednesday. During the day, the stock corrected to an intraday low of $31.8, however, the bulls stepped in and pushed the price higher to close in the green at $33.01 with a gain of 3.81% for the day. The total traded volume for the day was 724,228. The stock had closed at $31.8 in the previous trading session.

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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