Pediatrix Medical Group Inc (NYSE:MD) shares, rose in value, with the stock price up by 4.21% to the previous day’s close as strong demand from buyers drove the stock to $7.18.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.89. Referring to stock’s 52-week performance, its high was $15.02, and the low was $6.89. On the whole, MD has fluctuated by -15.53% over the past month.
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Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MD’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of MD currently trading nearly -5.87% and -16.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.77, while the 7-day volatility ratio is showing 4.23% which for the 30-day chart, stands at 4.54%. Furthermore, Pediatrix Medical Group Inc (MD)’s beta value is 1.56, and its average true range (ATR) is 0.34.
A comparison of Pediatrix Medical Group Inc (MD) with its peers suggests the former has fared considerably weaker in the market. MD showed an intraday change of 4.21% in today’s session so far, and over the past year, it shrunk by -49.61%%.
Data on historical trading for Pediatrix Medical Group Inc (NYSE:MD) indicates that the trading volumes over the past 3 months, they’ve averaged 904.71K. According to company’s latest data on outstanding shares, there are 84.02 million shares outstanding.
Nearly 1.13% of Pediatrix Medical Group Inc’s shares belong to company insiders and institutional investors own 102.12% of the company’s shares. The stock has fallen by -22.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MD stock heading into the next quarter.
