What Do The Technicals Boil Down To For Universal Health Services (UHS)?

World Health Day 2019 to focus on Universal Health Coverage

World Health Day 2019 to focus on Universal Health Coverage

The Minister however said that, through National Health Insurance Scheme, (MHIS) 50% of the fund would be used to scale up access to a minimum package of health services meant to cover 70% of the current burden of diseases through accredited public and private providers.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The 14-day ADX for Universal Health Services (UHS) is standing at 12.02. State of Alaska Department of Revenue lifted its stake in Universal Health Services by 11.7% in the fourth quarter.

Traders following the stock may be watching SMA or Simple Moving Average Levels.

Speaking on National Health Insurance Scheme (NHIS) as an avenue for healthcare service at minimal cost, the minister said the NHIS coverage is predominantly limited to workers in the formal sector. Victory Capital Management Inc. now owns 151,654 shares of the health services provider's stock valued at $19,388,000 after purchasing an additional 126,626 shares during the period. Colony Group LLC purchased a new position in Universal Health Services in the 4th quarter worth approximately $255,000. Finally, NuWave Investment Management LLC boosted its holdings in Universal Health Services by 4,035.5% in the 4th quarter. Finally, AXA lifted its stake in Universal Health Services by 136.5% in the third quarter.

The firm provides small-cap research with focus on small and micro-cap companies and well-positioned for future growth.

Tracking some recent stock price action, we can see that Universal Health Services (UHS) recently touched 133.97. The stock presently has a consensus rating of "Hold" and a consensus price target of $145.13. Zacks Investment Research raised shares of Universal Health Services from a "sell" rating to a "hold" rating in a report on Saturday, January 5th.

The WHO's campaign for 2019 is focusing on "Universal Health Coverage" and ensuring that individuals across the world have access to the care that they need when they need it. JPMorgan Chase & Co. downgraded shares of Universal Health Services from an "overweight" rating to a "neutral" rating and set a $147.00 price objective for the company.in a research note on Monday, March 4th.

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Wall Street analysts often give buy/sell/hold ratings for the companies that they track. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company's stock. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. This is a measurement over the past three trading sessions that provides an indication of whether the latest recent price movement is following the signal. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. Narrowing in a bit closer, the 3 month is 1.139735, and the 1 month is now 0.949929. The stock is -5.8% Below its 1-Year High which is $142.21. The company now has a RSI and Beta of 72.34 and 1.62.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Wednesday, February 27th. The health services provider reported $2.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.34 by $0.03. The business's revenue was up 4.2% compared to the same quarter a year ago. The Altman Z-Score predicts the probability that a firm will go bankrupt within 2 years.

Looking about the past performance history, the company jumped 1.11% for the last five trades and exhausted -2.17% in one month period.

Universal Health Services announced that its board has authorized a share repurchase plan on Monday, December 17th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the health services provider to purchase up to 4.5% of its stock through open market purchases.

BTM is a comparison of a company's net asset value per share to its share price. Investors of record on Friday, March 1st were given a $0.10 dividend. The ex-dividend date was Thursday, February 28th. A reading between 0 to -20 would represent a strong overbought condition. Universal Health Services's dividend payout ratio is now 4.20%. "(UHS)" was first published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & worldwide trademark & copyright law.

Shares of Universal Health Services (UHS) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory. In particular, we call for accessible visual health care services, free eye screenings, subsidized visual aids and rehabilitation services for our community.

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