The Providence Service Corp. (NASDAQ:PRSC) shares rose 8.5% during mid-day trading on Monday . The stock traded as high as $48.66 and last traded at $47.60, with a volume of 307,245 shares traded. The stock had previously closed at $43.88.

Separately, Zacks Investment Research lowered shares of The Providence Service Corp. from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 13th.

The stock’s 50 day moving average is $46.58 and its 200-day moving average is $47.88. The firm has a market capitalization of $689.86 million and a price-to-earnings ratio of 11.57.

The Providence Service Corp. (NASDAQ:PRSC) last released its quarterly 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. During the same quarter in the previous year, the business posted $0.67 earnings per share. The business earned $450.60 million during the quarter, compared to the consensus estimate of $433.38 million. The firm’s revenue was up 7.7% on a year-over-year basis. Equities research analysts anticipate that The Providence Service Corp. will post $2.67 EPS for the current year.

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).

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