Shares of Amsurg (AMSG) Sees Large Outflow of Money

Amsurg (AMSG) : Thursdays money flow analysis of Amsurg (AMSG) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $17.31 million. In comparison, the inflow of money on upticks was a meager $14.43 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.88 million. The uptick to downtick ratio of 0.83 in the money flow shows weakness. The downtick transaction value was high at $2.32 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($2.32 million). Amsurg (AMSG) gained $0.03 at $76.19, a change of 0.04% over the previous days close.


Amsurg (AMSG) : The highest short term price target forecast on Amsurg (AMSG) is $104 and the lowest target price is $86. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $95.6 with a standard deviation of $4.95. The stock has recorded a 20-day Moving Average of 2.59% and the 50-Day Moving Average is 1.03%.

Amsurg (NASDAQ:AMSG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $76.39 and $76.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.40, notching a gain of 0.32% for the day. The total traded volume was 1,173,355 . The stock had closed at $76.16 on the previous day.

AmSurg Corp. is the owner and operator of ambulatory surgery centers (ASCs) in the United States. The Company is also a provider of outsourced physician services in the areas of anesthesiology, childrens services, emergency medicine and radiology. The Company operates in two segments: ambulatory surgery services and outsourced physician services. The ambulatory services segment, which acquires, develops and operates ambulatory surgery centers in partnership with physicians. The physician services segment, which provides outsourced physician services in multiple specialties to hospitals, ambulatory surgery centers and other healthcare facilities, primarily in the areas of anesthesiology, childrens services, emergency medicine and radiology. It operated approximately 246 ASCs in over 34 states and the District of Columbia in partnership with approximately 2,000 physicians, and provided physician services to over 320 healthcare facilities in 24 states.

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