In yesterday’s Wall Street session, Pediatrix Medical Group Inc (NYSE:MD) shares traded at $8.00, up 3.76% from the previous session.
MD stock price is now -2.13% away from the 50-day moving average and -17.27% away from the 200-day moving average. The market capitalization of the company currently stands at $673.20M.
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With the price target maintained at $8, Deutsche Bank recently Upgraded its rating from Sell to Hold for Pediatrix Medical Group Inc (NYSE: MD). On September 27, 2021, SVB Leerink recently initiated its ‘Mkt Perform’ rating on the stock quoting a target price of $29, while ‘Stifel’ rates the stock as ‘Hold’
In other news, Swift James D, Chief Executive Officer sold 5,764 shares of the company’s stock on Dec 14 ’23. The stock was sold for $55,219 at an average price of $9.58. Upon completion of the transaction, the Chief Executive Officer now directly owns 90,874 shares in the company, valued at $0.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 14 ’23, EVP, General Counsel & Sec Moore Mary Ann E sold 1,150 shares of the business’s stock. A total of $11,063 was realized by selling the stock at an average price of $9.62. This leaves the insider owning 15,730 shares of the company worth $0.13 million. A total of 1.60% of the company’s stock is owned by insiders.
During the past 12 months, Pediatrix Medical Group Inc has had a low of $6.70 and a high of $15.02. As of last week, the company has a debt-to-equity ratio of 0.91, a current ratio of 1.72, and a quick ratio of 1.72. The fifty day moving average price for MD is $8.1428 and a two-hundred day moving average price translates $9.64635 for the stock.
The latest earnings results from Pediatrix Medical Group Inc (NYSE: MD) was released for 2024-03-31. The net profit margin was -3.53% and return on equity was -7.99% for MD. The company reported revenue of $495.1 million for the quarter, compared to $491.01 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.83 percent.
