Addus HomeCare Corp. (ADUS) Sees Unusually-High Trading Volume
Shares of Addus HomeCare Corp. (NASDAQ:ADUS) saw unusually-high trading volume on Friday . Approximately 157,358 shares changed hands during mid-day 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.
ADUS has been the subject of several research analyst reports. Oppenheimer Holdings Inc. reissued a “buy” rating on shares of Addus HomeCare Corp. in a research report on Tuesday, May 3rd. Robert W. Baird reissued a “hold” rating on shares of Addus HomeCare Corp. in a research report on Monday, May 16th. Finally, Zacks Investment Research downgraded shares of Addus HomeCare Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 3rd.
The company has a market capitalization of $260.85 million and a P/E ratio of 28.42. The firm has a 50 day moving average of $20.19 and a 200-day moving average of $19.63.
Addus HomeCare Corp. (NASDAQ:ADUS) last announced its quarterly earnings results on Monday, August 1st. The company reported $0.31 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.31. During the same quarter last year, the company earned $0.30 EPS. The business had revenue of $100.90 million for the quarter, compared to analyst estimates of $101.41 million. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. On average, analysts forecast that Addus HomeCare Corp. will post $1.23 earnings per share for the current fiscal 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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