In yesterday’s Wall Street session, Acadia Healthcare Company Inc (NASDAQ:ACHC) shares traded at $52.03, down -12.29% from the previous session.
ACHC stock price is now -26.23% away from the 50-day moving average and -28.94% away from the 200-day moving average. The market capitalization of the company currently stands at $4.83B.
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On April 25, 2024, Deutsche Bank Upgraded its previous ‘Sell’ rating to ‘Hold’ on the stock keeping its target price maintained at $70, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Hollinsworth John S., Officer bought 20,000 shares of the company’s stock on Aug 30 ’24. The stock was bought for $1,060,339 at an average price of $53.02. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 29 ’24, Officer Hollinsworth John S. bought 10,000 shares of the business’s stock. A total of $812,065 was incurred on buying the stock at an average price of $81.21. A total of 3.01% of the company’s stock is owned by insiders.
During the past 12 months, Acadia Healthcare Company Inc has had a low of $53.22 and a high of $87.77. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 1.18, and a quick ratio of 1.17. The fifty day moving average price for ACHC is $70.5292 and a two-hundred day moving average price translates $73.22305 for the stock.
The latest earnings results from Acadia Healthcare Company Inc (NASDAQ: ACHC) was released for 2024-06-30. The net profit margin was -0.17% and return on equity was -0.17% for ACHC. The company reported revenue of $796.04 million for the quarter, compared to $731.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.85 percent.
