Health Management Associates Inc.
was a big mover last session, as the company saw its shares rise by nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent near-flat trend of the company as the stock is now trading above the roughly steady price range of $12.57 to $12.99 seen in the past month, which however, saw a sudden dip and subsequent rise last week.
The company has a mixed track record when it comes to estimate revisions. One estimate each has moved up and down in the past two months. The Zacks Consensus Estimate however edged up over this time frame. The recent price action is encouraging though, so be sure to keep a close watch on this firm in the near future.
Health Management Associates currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better performing medical hospital stocks include VCA Antech Inc.
, Acadia Healthcare Company, Inc.
(ACHC - Free Report
) and HCA Holdings, Inc.
(HCA - Free Report
) . All these stocks carry a Zacks Rank #2 (Buy).
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