Acadia Healthcare Company (ACHC) : Traders are bullish on Acadia Healthcare Company (ACHC) as it has outperformed the S&P 500 by a wide margin of 0.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.74%, 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 3.67% in the last 1 week, and is up 3.4% 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 4.46% and the 50-Day Moving Average is 0.51%. Acadia Healthcare Company, Inc. has dropped 10.59% during the last 3-month period . Year-to-Date the stock performance stands at -9.54%.
Acadia Healthcare Company (NASDAQ:ACHC): stock turned positive on Friday. Though the stock opened at $51.69, the bulls momentum made the stock top out at $57.29 level for the day. The stock recorded a low of $51.66 and closed the trading day at $56.5, in the green by 6.02%. The total traded volume for the day was 2,204,883. The stock had closed at $53.29 in the previous days trading.
Acadia Healthcare Company, Inc. is a provider of behavioral healthcare services. The Company develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities. It operates in two segments: U.S. Facilities and U.K. Facilities. Its U.S. Facilities and services are classified into categories, which includes acute inpatient psychiatric facilities; specialty treatment facilities; residential treatment centers; and outpatient community-based services. In the United Kingdom, it provides inpatient services through mental health hospitals and care homes. In addition to these services, it also operates a U.K. division to provide EAP to organizations. The Company operated approximately 78 behavioral healthcare facilities with over 5,800 beds in approximately 24 states, the United Kingdom and Puerto Rico.