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Amedisys (AMED) Shows Strength: Stock Rises 6.2% - Tale of the Tape

Amedisys Inc . ( AMED ) was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was a result of the company reporting first-quarter 2015 financial results that surpassed expectations. This development resulted in far more shares changing hands yesterday than in a normal session. The move breaks the recent trend of the company as the stock is now trading above the past one month's volatile price range of $25.42 to $27.45.

This provider of home health and hospice care services has seen no estimate revision in the past 30 days. The Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Amedisys currently bears a Zacks Rank #3 (Hold).

A better-ranked Home Health Care stock is Quest Diagnostics Inc. ( DGX ) with a Zacks Rank #2 (Buy).

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AMEDISYS INC (AMED): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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