Apollo Medical Holdings, Inc. (NASDAQ:AMEH – Get Rating) shares gapped down prior to trading on Thursday . The stock had previously closed at $35.80, but opened at $33.69. Apollo Medical shares last traded at $33.45, with a volume of 722 shares traded.
AMEH has been the topic of several recent research reports. Colliers Securities reaffirmed a “buy” rating on shares of Apollo Medical in a research note on Tuesday, March 22nd. TheStreet cut shares of Apollo Medical from a “b-” rating to a “c+” rating in a research note on Monday, March 7th.
The firm’s 50-day moving average price is $37.31 and its two-hundred day moving average price is $50.81. The firm has a market capitalization of $1.90 billion, a PE ratio of 21.96 and a beta of 0.56. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.38.
Apollo Medical (NASDAQ:AMEH – Get Rating) last released its earnings results on Thursday, May 5th. The company reported $0.31 earnings per share for the quarter. The business had revenue of $263.26 million for the quarter. Apollo Medical had a net margin of 8.71% and a return on equity of 16.80%.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors grew its position in Apollo Medical by 49.0% during the third quarter. Captrust Financial Advisors now owns 359 shares of the company’s stock valued at $33,000 after purchasing an additional 118 shares in the last quarter. Macquarie Group Ltd. purchased a new position in Apollo Medical during the third quarter valued at approximately $47,000. Lindbrook Capital LLC lifted its stake in Apollo Medical by 3,938.9% in the fourth quarter. Lindbrook Capital LLC now owns 727 shares of the company’s stock valued at $53,000 after acquiring an additional 709 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Apollo Medical in the first quarter valued at approximately $66,000. Finally, PNC Financial Services Group Inc. lifted its stake in Apollo Medical by 49.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,563 shares of the company’s stock valued at $75,000 after acquiring an additional 520 shares during the last quarter. 30.81% of the stock is currently owned by hedge funds and other institutional investors.
Apollo Medical Company Profile (NASDAQ:AMEH)
Apollo Medical Holdings, Inc, a physician-centric technology-powered healthcare company, provides medical care services. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients.
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