Encompass Health Corp (NYSE:EHC) shares, rose in value on Friday, May 09, with the stock price up by 0.43% to the previous day’s close as strong demand from buyers drove the stock to $116.41.
Actively observing the price movement in the last trading, the stock closed the session at $115.91. The PE ratio was 24.03 over 12-month period. Referring to stock’s 52-week performance, its high was $118.26, and the low was $82.74. On the whole, EHC has fluctuated by 12.80% over the past month.
With the market capitalization of Encompass Health Corp currently standing at about $11.73 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.66, with its dividend yield at 0.57%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EHC’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.11, with the price of EHC currently trading nearly 6.38% and 12.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.49, while the 7-day volatility ratio is showing 1.49% which for the 30-day chart, stands at 2.58%. Furthermore, Encompass Health Corp (EHC)’s beta value is 0.91, and its average true range (ATR) is 2.95.
A comparison of Encompass Health Corp (EHC) with its peers suggests the former has fared considerably weaker in the market. EHC showed an intraday change of 0.43% in last session, and over the past year, it grew by 35.55%%.
Data on historical trading for Encompass Health Corp (NYSE:EHC) indicates that the trading volumes over the past 3 months, they’ve averaged 863.55K. According to company’s latest data on outstanding shares, there are 100.90 million shares outstanding.
Nearly 1.61% of Encompass Health Corp’s shares belong to company insiders and institutional investors own 95.67% of the company’s shares. The stock has risen by 26.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EHC stock heading into the next quarter.
