Shares of Quorum Health Corp (NYSE:QHC) traded up 4.2% during mid-day trading on Tuesday . The company traded as high as $6.35 and last traded at $6.14, with a volume of 472,790 shares changing hands. The stock had previously closed at $5.89.

A number of analysts recently issued reports on the company. Morgan Stanley assumed coverage on Quorum Health Corp in a research report on Monday, May 16th. They issued an “equal weight” rating and a $12.00 target price for the company. Avondale Partners assumed coverage on Quorum Health Corp in a research report on Monday, May 23rd. They issued a “market perform” rating and a $14.00 target price for the company. Mizuho assumed coverage on Quorum Health Corp in a research report on Monday, June 20th. They issued a “neutral” rating and a $11.25 target price for the company. Royal Bank Of Canada assumed coverage on Quorum Health Corp in a research report on Thursday, June 2nd. They issued a “sector perform” rating and a $13.00 target price for the company. Finally, Credit Suisse Group AG assumed coverage on Quorum Health Corp in a research report on Friday, July 29th. They issued a “neutral” rating and a $12.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus target price of $10.54.

The company’s market capitalization is $197.56 million. The firm has a 50 day moving average price of $10.21 and a 200-day moving average price of $10.99.

Quorum Health Corp (NYSE:QHC) last announced its earnings results on Wednesday, August 10th. The company reported ($8.63) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 revenue for the quarter was down 1.6% compared to the same quarter last year. Equities analysts predict that Quorum Health Corp will post $0.52 earnings per share for the current fiscal year.

In other Quorum Health Corp news, Director William M. Gracey bought 10,000 shares of the company’s stock in a transaction dated Wednesday, May 25th. The shares were acquired at an average cost of $12.45 per share, with a total value of $124,500.00. Following the completion of the transaction, the director now owns 20,000 shares in the company, valued at $249,000. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Thomas Daniel Miller bought 50,000 shares of the company’s stock in a transaction dated Wednesday, May 18th. The shares were acquired at an average cost of $11.42 per share, for a total transaction of $571,000.00. Following the completion of the transaction, the chief executive officer now owns 354,274 shares of the company’s stock, valued at approximately $4,045,809.08. 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).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.