Large Outflow of Money Witnessed in Envision Healthcare Holdings

Envision Healthcare Holdings (EVHC) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (45.74 million) in Envision Healthcare Holdings (EVHC). On Friday, The value of composite uptick trades was $5.48 million, whereas, the value of composite downtick trades was $51.22 million and the ratio between the two was 0.11, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $45.78 million. $0.29 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.01. The negative money flow of ($45.49 million) shows selling on strength. Envision Healthcare Holdings (EVHC) gained $0.73 intraday at $22.18 and registrered 3.4% for the week.


The company Insiders own 4.6% of Envision Healthcare Holdings shares according to the proxy statements.

In a related news, The Securities and Exchange Commission has divulged that Murphy Steven G, officer (SVP of Gov. & Nat. Services) of Envision Healthcare Holdings, Inc., had unloaded 17,021 shares at an average price of $20.45 in a transaction dated on March 15, 2016. The total value of the transaction was worth $348,079.

Envision Healthcare Holdings (NYSE:EVHC): The stock opened at $21.55 and touched an intraday high of $22.22 on Friday. During the day, the stock corrected to an intraday low of $21.44, however, the bulls stepped in and pushed the price higher to close in the green at $22.18 with a gain of 3.40% for the day. The total traded volume for the day was 5,285,394. The stock had closed at $21.45 in the previous trading session.

Envision Healthcare Holdings (EVHC) has been under a strong bear grip, hence the stock is down -4.39% 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 5.59% in the past 1 week. The stock has risen by 6.12% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.52% in the past 4 weeks.

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.

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