Large Outflow of Money Witnessed in HealthSouth Corporation

HealthSouth Corporation (HLS) : The total money flow in HealthSouth Corporation (HLS) was negative ($1.22 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $1.74 million. In comparison, the inflow of money into the stock on upticks was $0.52 million. The uptick to downtick ratio was 0.3. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.42 million. The negative money flow of ($1.42 million) confirms the selling in HealthSouth Corporation (HLS) on strength. HealthSouth Corporation (HLS) gained $0.25 at $40.21, a gain of 0.63% over the previous days close. However, the stock registered 1.21% in the week.


HEALTHSOUTH Corp. is up 10% in the last 3-month period. Year-to-Date the stock performance stands at 17.14%. Shares of HEALTHSOUTH Corp. rose by 0.25% in the last five trading days and 0.76% for the last 4 weeks. In a related news,The officer (Chief Human Resources Officer) of Healthsouth Corp, Levy Cheryl B. sold 11,000 shares at $41.44 on April 29, 2016. The Insider selling transaction had a total value worth of $455,840. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

HealthSouth Corporation (NYSE:HLS): stock turned positive on Monday. Though the stock opened at $40.01, the bulls momentum made the stock top out at $40.43 level for the day. The stock recorded a low of $39.99 and closed the trading day at $40.28, in the green by 0.80%. The total traded volume for the day was 444,848. The stock had closed at $39.96 in the previous days trading.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses, which include physical and cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, head injuries, spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31, 2014, the Company operated 107 inpatient rehabilitation hospitals. The Companys inpatient hospitals are concentrated in the eastern half of the United States and Texas.

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