Select Medical Holdings Corporation (NYSE:SEM) shares, rose in value, with the stock price up by 3.48% to the previous day’s close as strong demand from buyers drove the stock to $15.17.
Actively observing the price movement in the last trading, the stock closed the session at $14.66. The PE ratio was 11.29 over 12-month period. Referring to stock’s 52-week performance, its high was $22.07, and the low was $14.03. On the whole, SEM has fluctuated by -17.60% over the past month.
With the market capitalization of Select Medical Holdings Corporation currently standing at about $1.95 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.26, with its dividend yield at 1.71%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.41B, with a low estimate of 1.34B and a high estimate of 1.37B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.35B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SEM’s technical picture suggests that short-term indicators denote the stock is a 50% 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 0.66, with the price of SEM currently trading nearly 0.86% and -5.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.52, while the 7-day volatility ratio is showing 2.73% which for the 30-day chart, stands at 5.98%. Furthermore, Select Medical Holdings Corporation (SEM)’s beta value is 1.34, and its average true range (ATR) is 0.58.
A comparison of Select Medical Holdings Corporation (SEM) with its peers suggests the former has fared considerably weaker in the market. SEM showed an intraday change of 3.48% in last session, and over the past year, it shrunk by -14.46%%.
Data on historical trading for Select Medical Holdings Corporation (NYSE:SEM) indicates that the trading volumes over the past 3 months, they’ve averaged 1.23 million. According to company’s latest data on outstanding shares, there are 128.31 million shares outstanding.
Nearly 14.55% of Select Medical Holdings Corporation’s shares belong to company insiders and institutional investors own 84.97% of the company’s shares. The stock has fallen by -19.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SEM stock heading into the next quarter.
