Amsurg (AMSG) : During the past 4 weeks, traders have been relatively bearish on Amsurg (AMSG), hence the stock is down -16.06% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.85% relative to the S&P 500. The 4-week change in the price of the stock is -15.2% and the stock has fallen -5.8% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.68% and the 50-Day Moving Average is 12.67%. Amsurg (NASDAQ:AMSG): stock turned positive on Friday. Though the stock opened at $66.51, the bulls momentum made the stock top out at $67.21 level for the day. The stock recorded a low of $65.89 and closed the trading day at $66.8, in the green by 0.54%. The total traded volume for the day was 1,117,925. The stock had closed at $66.44 in the previous days trading.
The company Insiders own 2.3% of Amsurg shares according to the proxy statements. Institutional Investors own 99.71% of Amsurg shares. Also, Wells Fargo initiates coverage on Amsurg (NASDAQ:AMSG) The brokerage firm has issued a Market Perform rating on the shares. The rating by the firm was issued on June 15, 2016.
AmSurg Corp. is the owner and operator of ambulatory surgery centers (ASCs) in the United States. The Company is also a provider of outsourced physician services in the areas of anesthesiology, childrens services, emergency medicine and radiology. The Company operates in two segments: ambulatory surgery services and outsourced physician services. The ambulatory services segment, which acquires, develops and operates ambulatory surgery centers in partnership with physicians. The physician services segment, which provides outsourced physician services in multiple specialties to hospitals, ambulatory surgery centers and other healthcare facilities, primarily in the areas of anesthesiology, childrens services, emergency medicine and radiology. It operated approximately 246 ASCs in over 34 states and the District of Columbia in partnership with approximately 2,000 physicians, and provided physician services to over 320 healthcare facilities in 24 states.