Acadia Healthcare Company, Inc. (ACHC - Free Report) was a big mover last session, as the company saw its shares rise over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $47.77 –$51.29 in the past one-month time frame, witnessed a sharp increase yesterday/on Friday.
The move came after the company reported solid second-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Acadia Healthcare currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
Another stock worth considering in the Hospitals industry is VCA Inc. which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is ACHC going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.