The Providence Service Corp. (NASDAQ:PRSC) saw unusually-strong trading volume on Thursday . Approximately 149,053 shares were traded during mid-day trading, an increase of 137% from the previous session’s volume of 62,822 shares.The stock last traded at $44.10 and had previously closed at $43.70.

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

The company’s 50 day moving average price is $47.00 and its 200 day moving average price is $47.91. The firm has a market cap of $636.94 million and a PE ratio of 10.68.

The Providence Service Corp. (NASDAQ:PRSC) last released its quarterly earnings data on Monday, August 1st. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.05. The business earned $450.60 million during the quarter, compared to analyst estimates of $433.38 million. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. Equities analysts anticipate that The Providence Service Corp. will post $2.67 earnings per share for the current year.

A hedge fund recently raised its stake in The Providence Service Corp. stock. California Public Employees Retirement System raised its position in The Providence Service Corp. (NASDAQ:PRSC) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 about 0.44% of The Providence Service Corp. worth $3,200,000 at the end of the most recent reporting period.

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's FREE daily email newsletter.