Shares of The Providence Service Corp. (NASDAQ:PRSC) saw an uptick in trading volume on Friday . 79,326 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 69,183 shares.The stock last traded at $43.91 and had previously closed at $43.38.

Separately, Zacks Investment Research downgraded shares of The Providence Service Corp. from a “hold” rating to a “sell” rating in a report on Friday, August 5th.

The firm has a market cap of $636.22 million and a price-to-earnings ratio of 10.67. The company has a 50 day moving average price of $46.68 and a 200-day moving average price of $47.88.

The Providence Service Corp. (NASDAQ:PRSC) last posted its earnings results on Monday, August 1st. The company reported $0.70 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.05. The firm earned $450.60 million during the quarter, compared to the consensus estimate of $433.38 million. During the same period in the previous year, the company posted $0.67 EPS. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Analysts predict that The Providence Service Corp. will post $2.67 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in The Providence Service Corp. stock. California Public Employees Retirement System boosted its stake in The Providence Service Corp. (NASDAQ:PRSC) by 8.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,200 shares of the company’s stock after buying an additional 5,400 shares during the period. California Public Employees Retirement System owned approximately 0.44% of The Providence Service Corp. worth $3,200,000 at the end of the most recent quarter.

The Providence Service Corporation is a holding company. The Company, through its subsidiaries, provides critical healthcare and workforce development services. It operates in over two industry sectors, including the United States healthcare and global workforce development, through its three operating segments: Non-Emergency Transportation Services (NET Services), Workforce Development Services (WD Services) and Health Assessment Services (HA Services).

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.