Envision Healthcare Holdings (EVHC) has been under a strong bear grip, hence the stock is down -6.11% 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 0.31% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.93% in the last 1 week, and is up 0.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Envision Healthcare Holdings (NYSE:EVHC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.85 and $25.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.05, notching a gain of 0.85% for the day. The total traded volume was 1,718,922 . The stock had closed at $25.83 on the previous day.
The stock has recorded a 20-day Moving Average of 1.53% and the 50-Day Moving Average is 3.08%. Envision Healthcare Holdings, Inc. is up 13.66% in the last 3-month period. Year-to-Date the stock performance stands at 0.31%.
Envision Healthcare Holdings, Inc. is a holding company. The Company provides physician-led, outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings, Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response, Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments, anesthesiology, hospitalist or inpatient, radiology, teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition, AMR operates emergency (911) call and response service. It offers contracted medical staffing, and provides telephone triage, transportation dispatch and demand management services. It brands include EmCare and AMR.