VCA (WOOF) has risen sharply, recording gains of 5.08% in the past 4 weeks. However, the stock has corrected -0.62% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.68% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
VCA Inc. is up 11.41% in the last 3-month period. Year-to-Date the stock performance stands at 30.87%. The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 5.05%.
VCA (NASDAQ:WOOF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.69 and $71.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $71.98, notching a gain of 0.39% for the day. The total traded volume was 410,121 . The stock had closed at $71.70 on the previous day.
Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of VCA (NASDAQ:WOOF). Jefferies has a Hold rating on the shares. As per the latest research report, the brokerage house raises the price target to $69 per share from a prior target of $56. The rating by the firm was issued on July 28, 2016.
VCA Inc. is a national animal healthcare company operating in the United States and Canada. The Company operates in two segments: animal hospital and laboratory. The Company provides veterinary services and diagnostic testing to support veterinary care and also sells diagnostic imaging equipment and other medical technology products and related services to the veterinary market. The Company provides communication marketing solutions and other services to the veterinary community. The Companys animal hospital offer general medical and surgical services pharmaceutical products and performs pet wellness programs. The Companys communication and marketing solutions business provides services to veterinary practices pharmaceutical manufacturers and the pet owning community. The Companys network of veterinary diagnostic laboratories provides sophisticated testing and consulting services.