Tenet Healthcare Corporation (THC) Shares are Down -2.24%

Tenet Healthcare Corporation (THC) : During the past 4 weeks, traders have been relatively bearish on Tenet Healthcare Corporation (THC), hence the stock is down -1.89% 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 -2.76% relative to the S&P 500. The 4-week change in the price of the stock is -3.87% and the stock has fallen -2.24% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.51% and the 50-Day Moving Average is 13.81%.The 200 Day SMA reached 17.21% Tenet Healthcare Corp. has dropped 14.99% during the last 3-month period . Year-to-Date the stock performance stands at -23.8%.


Tenet Healthcare Corporation (THC) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $51 and the lowest price target forecast is $28. The average forecast of all the analysts is $35.55 and the expected standard deviation is $6.73.

For the current week, the company shares have a recommendation consensus of Buy. Tenet Healthcare Corporation (NYSE:THC): The stock opened at $22.54 and touched an intraday high of $23.74 on Friday. During the day, the stock corrected to an intraday low of $22.45, however, the bulls stepped in and pushed the price higher to close in the green at $23.09 with a gain of 1.27% for the day. The total traded volume for the day was 6,984,059. The stock had closed at $23.09 in the previous trading session.

Tenet Healthcare Corporation is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets. As of December 31, 2014, it operated 80 hospitals, 210 outpatient centers, six health plans and Conifer Health Solutions, LLC (Conifer), which provides healthcare business process services in the areas of revenue cycle management, value-based care and patient communications. It provides operational management for revenue cycle functions, including patient access, health information management, revenue integrity and patient financial services. It also offers communications and engagement solutions to optimize the relationship between providers and patients. Conifer operates a management services business that supports value-based performance through clinical integration, financial risk management and population health management. It has two operating segments: Hospital Operations and other, and Conifer.

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.