InnovAge Holding Corp. (OTCMKTS:INNV – Get Free Report)’s share price dropped 8.5% during trading on Thursday . The stock traded as low as $9.37 and last traded at $9.70. Approximately 348,022 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 287,525 shares. The stock had previously closed at $10.60.
InnovAge Trading Down 10.8%
The business has a 50 day simple moving average of $6.86 and a 200-day simple moving average of $5.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -30.52 and a beta of 0.46.
About InnovAge
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.
Featured Articles
- Five stocks we like better than InnovAge
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- Unlocked: Elon Musk’s Next Big IPO
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.
