Quorum Health Corp (NYSE:QHC) shares were down 4.3% during mid-day trading on Thursday . The company traded as low as $10.36 and last traded at $10.38, with a volume of 77,506 shares. The stock had previously closed at $10.85.

A number of research analysts have recently issued reports on QHC shares. Morgan Stanley started coverage on shares of Quorum Health Corp in a research note on Monday, May 16th. They set an “equal weight” rating and a $12.00 price target on the stock. Avondale Partners started coverage on shares of Quorum Health Corp in a research note on Monday, May 23rd. They set a “market perform” rating and a $14.00 price target on the stock. Mizuho started coverage on shares of Quorum Health Corp in a research note on Monday, June 20th. They set a “neutral” rating and a $11.25 price target on the stock. Susquehanna started coverage on shares of Quorum Health Corp in a research note on Wednesday, June 8th. They set a “neutral” rating and a $11.00 price target on the stock. Finally, Royal Bank Of Canada started coverage on shares of Quorum Health Corp in a research note on Thursday, June 2nd. They set a “sector perform” rating and a $13.00 price target on the stock. Five research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus price target of $12.25.

The company’s market cap is $308.31 million. The company has a 50 day moving average price of $11.78 and a 200-day moving average price of $11.52.

In related news, SVP Shaheed Koury acquired 8,000 shares of Quorum Health Corp stock in a transaction on Tuesday, May 31st. The shares were purchased at an average cost of $13.29 per share, for a total transaction of $106,320.00. Following the purchase, the senior vice president now directly owns 37,753 shares of the company’s stock, valued at approximately $501,737.37. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William M. Gracey purchased 10,000 shares of Quorum Health Corp stock in a transaction dated Wednesday, May 25th. The stock was acquired at an average price of $12.45 per share, for a total transaction of $124,500.00. Following the completion of the transaction, the director now owns 20,000 shares in the company, valued at approximately $249,000. The disclosure for this purchase can be found here.

Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC (QHR).

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