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Analysts at Raymond James assumed coverage on shares of Healthequity (NYSE:HQY) in a research report issued to clients and investors on Monday. The firm set an “outperform” rating on the stock.

Shares of Healthequity (NYSE:HQY) opened at 20.46 on Monday. Healthequity has a 52-week low of $16.11 and a 52-week high of $21.48. The stock’s 50-day moving average is $18.75 and its 200-day moving average is $18.75. The company has a market cap of $1.015 billion and a price-to-earnings ratio of 137.14.

HealthEquity, Inc is technology-enabled services platforms that enables consumers to make healthcare saving and spending decisions.

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