Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) shares rose 7.4% during trading on Thursday . The company traded as high as $1.45 and last traded at $1.45. Approximately 880,226 shares changed hands during trading, an increase of 144% from the average daily volume of 360,216 shares. The stock had previously closed at $1.35.

Separately, Zacks Investment Research lowered Nobilis Health from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd.

The stock has a market capitalization of $112.82, a PE ratio of 11.25 and a beta of -0.82.

Nobilis Health (NYSEAMERICAN:HLTH) (TSE:NHC) last released its quarterly earnings results on Monday, November 6th. The healthcare company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The business had revenue of $64.70 million during the quarter, compared to analyst estimates of $78.29 million. Nobilis Health’s revenue was down 8.5% compared to the same quarter last year. During the same period last year, the firm earned ($0.04) earnings per share.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sii Investments Inc. WI bought a new position in shares of Nobilis Health in the 2nd quarter worth approximately $113,000. OxFORD Asset Management LLP bought a new position in shares of Nobilis Health in the 2nd quarter worth approximately $145,000. Virtu KCG Holdings LLC raised its position in shares of Nobilis Health by 130.2% in the 2nd quarter. Virtu KCG Holdings LLC now owns 166,452 shares of the healthcare company’s stock worth $316,000 after acquiring an additional 94,154 shares in the last quarter. National Investment Services Inc. WI raised its position in shares of Nobilis Health by 132.3% in the 4th quarter. National Investment Services Inc. WI now owns 298,381 shares of the healthcare company’s stock worth $403,000 after acquiring an additional 169,955 shares in the last quarter. Finally, Macquarie Group Ltd. bought a new position in shares of Nobilis Health in the 3rd quarter worth approximately $748,000.

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Nobilis Health Company Profile

Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.

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