TheStreet upgraded shares of The Providence Service (NASDAQ:PRSC) from a c+ rating to a b- rating in a research report sent to investors on Monday, TheStreetRatingsTable reports.

Separately, BidaskClub raised The Providence Service from a hold rating to a buy rating in a research note on Saturday, November 9th.

PRSC traded down $2.68 during trading on Monday, reaching $61.85. The stock had a trading volume of 3,722 shares, compared to its average volume of 71,981. The stock has a market cap of $894.52 million, a PE ratio of 29.75 and a beta of 0.78. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.54 and a current ratio of 1.54. The Providence Service has a one year low of $46.53 and a one year high of $74.73. The business has a 50-day moving average of $61.86 and a 200-day moving average of $60.64.

In related news, CEO R Carter Pate sold 1,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $69.67, for a total value of $69,670.00. Following the transaction, the chief executive officer now owns 23,317 shares of the company’s stock, valued at $1,624,495.39. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Kevin M. Dotts acquired 864 shares of The Providence Service stock in a transaction dated Friday, August 16th. The shares were bought at an average cost of $57.80 per share, for a total transaction of $49,939.20. Following the completion of the purchase, the chief financial officer now directly owns 864 shares of the company’s stock, valued at approximately $49,939.20. The disclosure for this purchase can be found here. 11.62% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in PRSC. Quantamental Technologies LLC purchased a new stake in The Providence Service in the second quarter worth about $36,000. Bank of Montreal Can lifted its holdings in shares of The Providence Service by 83.4% during the second quarter. Bank of Montreal Can now owns 2,153 shares of the company’s stock valued at $123,000 after purchasing an additional 979 shares during the last quarter. Mason Street Advisors LLC lifted its holdings in shares of The Providence Service by 5.9% during the third quarter. Mason Street Advisors LLC now owns 3,921 shares of the company’s stock valued at $233,000 after purchasing an additional 219 shares during the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of The Providence Service by 4.9% during the third quarter. Louisiana State Employees Retirement System now owns 4,300 shares of the company’s stock valued at $256,000 after purchasing an additional 200 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of The Providence Service during the second quarter valued at approximately $257,000.

About The Providence Service

The Providence Service Corporation provides healthcare services in the United States. It operates through Non-Emergency Transportation Services (NET Services) and Matrix Investment segments. The NET Services segment offers non-emergency medical transportation services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services.

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