Quorum Health Corp (NYSE:QHC) saw unusually-strong trading volume on Friday . Approximately 583,917 shares were traded during mid-day trading, an increase of 33% from the previous session’s volume of 438,771 shares.The stock last traded at $5.12 and had previously closed at $5.03.

A number of equities research analysts recently weighed in on QHC shares. Morgan Stanley started coverage on shares of Quorum Health Corp in a research note on Monday, May 16th. They issued an “equal weight” rating and a $12.00 target price on the stock. Avondale Partners started coverage on shares of Quorum Health Corp in a research note on Monday, May 23rd. They issued a “market perform” rating and a $14.00 target price on the stock. Royal Bank Of Canada started coverage on shares of Quorum Health Corp in a research note on Thursday, June 2nd. They issued a “sector perform” rating and a $13.00 target price on the stock. Susquehanna started coverage on shares of Quorum Health Corp in a research note on Wednesday, June 8th. They issued a “neutral” rating and a $11.00 target price on the stock. Finally, Mizuho started coverage on shares of Quorum Health Corp in a research note on Monday, June 20th. They issued a “neutral” rating and a $11.25 target price on the stock. Six investment analysts have rated the stock with a hold rating, Quorum Health Corp currently has a consensus rating of “Hold” and a consensus price target of $12.21.

The firm’s market cap is $150.62 million. The company’s 50-day moving average price is $10.54 and its 200 day moving average price is $11.15.

Quorum Health Corp (NYSE:QHC) last posted its quarterly earnings results on Wednesday, August 10th. The company reported ($8.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by $8.74. The firm earned $529.70 million during the quarter, compared to analyst estimates of $564.19 million. The business’s quarterly revenue was down 1.6% on a year-over-year basis. On average, equities analysts predict that Quorum Health Corp will post $0.52 EPS for the current fiscal year.

In other news, Director William M. Gracey purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, May 25th. The shares were acquired at an average price of $12.45 per share, with a total value of $124,500.00. Following the transaction, the director now owns 20,000 shares of the company’s stock, valued at $249,000. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Shaheed Koury purchased 8,000 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president now directly owns 37,753 shares in the company, valued at approximately $501,737.37. 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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