Gentiva Health Services Inc. (GTIV) was a big mover last session with its shares rising over 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above past one month’s volatile price range of $15.02 to $16.21.
This provider of home health, hospice, and community care services has witnessed one positive estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if Friday’s rally can turn into more strength down the road.
Gentiva currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Investors interested in the home health care industry may also consider stocks like AmSurg Corp. (AMSG), Amedisys Inc. (AMED) and RadNet, Inc. (RDNT). All the three stocks hold a Zacks Rank #2 (Buy).
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