Large Inflow of Money Detected in Select Medical Holdings Corporation

Select Medical Holdings Corporation (SEM) : Thursdays money flow data in Select Medical Holdings Corporation (SEM) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $1.21 million, whereas, $0.35 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 3.46, in favor of the bulls. The total money flow into the stock was $0.86 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.92 million. The total value of block trades done on upticks was $0.92 million. Select Medical Holdings Corporation (SEM) fell $0.09 and traded at $11.35, down -0.79% for the day, over previous days close. On a weekly basis, the shares are 3.37% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4.19% and the 50-Day Moving Average is 3.85%. Shares have dropped -30.15% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $16.11 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $11.68 and the 200 Day Moving Average price is recorded at $11.17.

Select Medical Holdings Corporation (NYSE:SEM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.52 and $11.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.46, notching a gain of 0.17% for the day. The total traded volume was 801,288 . The stock had closed at $11.44 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Dalton James E Jr, director of Select Medical Holdings Corp, had unloaded 12,000 shares at an average price of $12.37 in a transaction dated on May 23, 2016. The total value of the transaction was worth $148,440.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical, occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. As of December 31, 2014, the Company had operations in 41 states and the District of Columbia.

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