Healthcare Services Group, Inc (NASDAQ:HCSG) currently has a daily average trading volume of 492.08K but it saw 442932 shares traded in last market. With a market cap of 694.16M USD, the company’s current market price of $9.52 came falling about -0.31 while comparing to the previous closing price of $9.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.99 and as low as $9.48. In the recent trading on the day, stock has struck highest price mark of $9.41 while lowest mark touched by it was $9.67.
Taking a look at 20-day trading activity of Healthcare Services Group, Inc (HCSG) gives us an average price of $10.04, while its current price level is -26.71% below from 52-week high level whereas it is 0.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.44 while that of 200 days or SMA-200 reads an average of $11.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.91% during that period while stretching the period over a month that increases to 3.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.22 which implies that the stock is in neutral territory.
Jefferies upgraded its recommendation for the stock as a “Hold” from “Underperform” on March 24, 2023 while assigning a price target range of $8.50-$14. RBC Capital Mkts issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $14 and $17.
Over the week, HCSG’s stock price is moving -2.66% down while it is -12.90% when we observe its performance for the past one month. Year-to-date it is -18.04% down and over the past year, the stock is showing a downside performance of -17.93%.
Currently, Healthcare Services Group, Inc’s total number of outstanding shares is 73.20M. Company’s return on investment (ROI) stands at 7.77% and return on equity (ROE) at 8.25%. It has a price to earnings ratio (P/E ratio) of 17.84 while having a 10.95 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is 4.88% on average.
