Amsurg (NASDAQ:AMSG) has been under a strong bear grip, hence the stock is down -3.37% 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 1.79% in the past 1 week. The stock has risen by 3.09% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.81% in the past 4 weeks.
The company shares have rallied 10.90% from its 1 Year high price. On Sep 25, 2015, the shares registered one year high at $87.42 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $77.06 and the 200 Day Moving Average price is recorded at $74.18.
The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 2%.
Amsurg (NASDAQ:AMSG): stock turned positive on Friday. Though the stock opened at $77.15, the bulls momentum made the stock top out at $78.79 level for the day. The stock recorded a low of $76.77 and closed the trading day at $78.66, in the green by 2.96%. The total traded volume for the day was 1,108,299. The stock had closed at $76.4 in the previous days trading.
In an insider trading activity, Holden Christopher A, director officer (President and CEO) of Amsurg Corp, unloaded 3,000 shares at an average price of $77 on September 2, 2015. The total amount of the transaction was worth $231,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.