Healthcare Services Group (HCSG) Shares are Up 0.36%

Healthcare Services Group (HCSG) : During the past 4 weeks, traders have been relatively bearish on Healthcare Services Group (HCSG), hence the stock is down -9.25% 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 -0.25% relative to the S&P 500. The stock has risen by 0.36% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.12% in the past 4 weeks.

Healthcare Services Group (NASDAQ:HCSG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $38.29 and $38.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.79, notching a gain of 1.81% for the day. The total traded volume was 811,768 . The stock had closed at $38.10 on the previous day.


The stock has recorded a 20-day Moving Average of 2.78% and the 50-Day Moving Average is 1.3%. Healthcare Services Group Inc. is up 5.58% in the last 3-month period. Year-to-Date the stock performance stands at 12.37%.

Healthcare Services Group, Inc. provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the health care industry. The Company caters to nursing homes, retirement complexes, rehabilitation centers and hospitals located in the United States. The Company operates its business in two segments: Housekeeping and Dietary. The Housekeeping segment includes housekeeping, laundry and linen. Housekeeping segment also includes laundering and processing the bed linens, uniforms and other assorted linen items utilized by a client facility. The Dietary segment includes dietary department services. Dietary consists of managing the clients dietary department, which is principally responsible for food purchasing, meal preparation and providing professional dietitian consulting services, which includes the development of a menu that meets a patients dietary needs.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.