InnovAge (OTCMKTS:INNV) Sets New 12-Month High – Here’s Why

InnovAge Holding Corp. (OTCMKTS:INNVGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.91 and last traded at $8.73, with a volume of 492207 shares changing hands. The stock had previously closed at $8.36.

InnovAge Price Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of -26.93 and a beta of 0.57. The stock has a 50 day moving average price of $5.93 and a two-hundred day moving average price of $5.05.

About InnovAge

(Get Free Report)

InnovAge Holdings, Inc, trading under the ticker INNV on the OTC Markets, is a specialized health care services company focused on delivering comprehensive geriatric care through the Program of All-Inclusive Care for the Elderly (PACE). The company’s model is designed to provide integrated medical and social services for seniors who qualify for both Medicare and Medicaid, with an emphasis on allowing participants to remain in their homes and communities for as long as possible.

InnovAge’s core offerings include primary medical care, prescription drug coverage, rehabilitative therapies, transportation, nutritional counseling and home-based support services.

Further Reading

Receive News & Ratings for InnovAge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InnovAge and related companies with MarketBeat.com's FREE daily email newsletter.