InnovAge Holding Corp. (OTCMKTS:INNV – Get Free Report) shares shot up 13.5% during trading on Thursday . The company traded as high as $4.58 and last traded at $4.53. 84,206 shares changed hands during trading, an increase of 67% from the average session volume of 50,447 shares. The stock had previously closed at $3.99.
InnovAge Price Performance
The company has a debt-to-equity ratio of 0.25, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market capitalization of $717.75 million, a price-to-earnings ratio of -17.06 and a beta of 0.59. The company has a 50-day simple moving average of $4.88 and a two-hundred day simple moving average of $4.14.
About InnovAge
InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.
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