Morning Research: Health Management Associates, HCA Holdings, Tenet Healthcare, and Universal Health Services
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LONDON, June 19, 2013 /PRNewswire/ --
The U.S. Supreme Court last year upheld President Obama's Affordable Care Act (ACA), paving the way for the biggest overhaul of the U.S. healthcare sector in decades. The ACA goes into full effect next year. The reform has generally been welcomed by healthcare companies which expect to benefit from it in the long-term. One of the biggest beneficiaries of the healthcare reform is expected to be for-profit hospitals. This is because the ACA is expected to lead to an increase in the number of insured individuals. As a result, more and more patients will seek treatment at hospitals in the future. On Tuesday, June 18, 2013, shares in for-profit hospitals ended mostly higher, tracking gains in the broader market. The major movers in the sector included Health Management Associates Inc. (NYSE: HMA), HCA Holdings Inc. (NYSE: HCA), Tenet Healthcare Corp. (NYSE: THC), and Universal Health Services Inc. (NYSE: UHS). AAAResearchReports.com has released full comprehensive research on HMA, HCA, THC, and UHS. These free technical analyses can be downloaded by signing up at
http://www.aaaresearchreports.com/register/
Shares in Health Management Associates Inc. moved 1.62% higher on Tuesday, tracking gains in the broader market. The company's shares traded between $15.82 and $16.40 before finishing the day at $16.32 on a total of 9.09 million shares traded. Its daily average volume is 5.91 million. The company's shares are currently hovering around their 52-week high of $16.41. So far this year, the stock has gained 82.14%, thus outperforming the S&P 500. Download free report on HMA upon registration at:
http://www.AAAResearchReports.com/HMA061913.pdf
HCA Holdings Inc.'s stock saw a 1.10% decline in its share price on Tuesday, thus extending its losses from previous trading sessions. The company's shares traded between $38.74 and $39.28 before closing the day at $38.83. It registered volume of 3.63 million shares which is above the daily average volume of 3.05 million. Further, the stock has now fallen over 3.60% in the last three sessions. However, despite the recent losses, the stock is still up 28.83% YTD. The company's shares have slipped below their 50-day moving average as a result of the recent losses. HCA technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/HCA061913.pdf
Shares in Tenet Healthcare Corp. saw some gains on Tuesday, reversing some of their recent losses. The company's shares hit an intraday high of $45.93 yesterday before finishing the day 0.68% higher at $45.83. A total of 849,820 shares were exchanged throughout the session, which is below the daily average volume of 1.74 million. Shares of the hospitals operator are now down nearly 2.80% in the last three sessions. So far this year, the stock has grown by over 46%, thus outperforming the S&P 500. The free report on THC can be downloaded by signing up now at:
http://www.AAAResearchReports.com/THC061913.pdf
Universal Health Services Inc.'s stock ended slightly higher yesterday, finishing at $70.07, or up 0.23% from its previous closing price. The company's shares traded between $69.70 and $70.59 on a total of 301,623 shares traded, which is less than half the daily average volume of 661,089. Universal Health Services' shares have now fallen nearly 1.60% in the last three sessions. However, despite the recent losses, the stock is still up nearly 48% so far in 2013. A free report on UHS can be accessed by registering at:
http://www.AAAResearchReports.com/UHS061913.pdf
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SOURCE AAA Research Reports
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