Addus HomeCare Corp. (ADUS) Sees Unusually-High Trading Volume
Addus HomeCare Corp. (NASDAQ:ADUS) shares saw strong trading volume on Friday . 157,358 shares changed hands during trading, an increase of 186% from the previous session’s volume of 54,981 shares.The stock last traded at $23.00 and had previously closed at $23.03.
Several research analysts have issued reports on the company. Oppenheimer Holdings Inc. reiterated a “buy” rating on shares of Addus HomeCare Corp. in a research note on Tuesday, May 3rd. Robert W. Baird restated a “hold” rating on shares of Addus HomeCare Corp. in a research note on Monday, May 16th. Finally, Zacks Investment Research lowered Addus HomeCare Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd.
The firm’s 50 day moving average price is $20.32 and its 200 day moving average price is $19.64. The firm has a market capitalization of $260.85 million and a P/E ratio of 28.42.
Addus HomeCare Corp. (NASDAQ:ADUS) last posted its earnings results on Monday, August 1st. The company reported $0.31 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.31. The business had revenue of $100.90 million for the quarter, compared to analyst estimates of $101.41 million. During the same period in the previous year, the firm posted $0.30 earnings per share. The firm’s revenue was up 17.6% compared to the same quarter last year. Equities research analysts predict that Addus HomeCare Corp. will post $1.23 EPS for the current year.
Addus HomeCare Corporation is a provider of home and community-based personal care services, which are provided primarily in the home, and is focused on the dual eligible (Medicare/Medicaid) population. The Company’s services include non-medical care, such as personal care, home support services and adult day care.
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