🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Amedisys stock touches 52-week low at $88.72 amid market shifts

Published 12/03/2024, 09:35 AM
AMED
-

In a challenging market environment, Amedisys Inc . (NASDAQ:AMED) stock has recorded a new 52-week low, dipping to $88.72. This latest price level reflects a notable downturn for the company, which specializes in home health care and hospice services. With a market capitalization of $2.94 billion and a P/E ratio of 35.95, the company maintains a GOOD financial health score according to InvestingPro analysis. Over the past year, Amedisys has seen its stock price fluctuate, ultimately resulting in a 1-year change of -4.07%. Despite market challenges, the company has maintained steady revenue growth of 4.19%. InvestingPro analysis reveals that while the stock trades near its 52-week low, it historically demonstrates low price volatility - one of several exclusive insights available to subscribers. The 52-week low serves as a critical indicator for the company's performance and investor sentiment, as market participants assess the potential for recovery or further decline. Based on InvestingPro's Fair Value analysis, the stock currently appears slightly undervalued.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.