Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) saw a significant decrease in short interest during the month of September. As of September 29th, there was short interest totalling 3,583,375 shares, a decrease of 18.9% from the September 15th total of 4,418,746 shares. Based on an average daily volume of 176,877 shares, the short-interest ratio is currently 20.3 days. Approximately 6.4% of the company’s stock are sold short.

Separately, Zacks Investment Research lowered shares of Nobilis Health Corp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Nobilis Health Corp presently has a consensus rating of “Hold” and an average target price of $2.25.

Institutional investors and hedge funds have recently made changes to their positions in the business. Sii Investments Inc. WI acquired a new position in shares of Nobilis Health Corp in the 2nd quarter valued at approximately $113,000. SG Americas Securities LLC raised its position in shares of Nobilis Health Corp by 346.8% in the 1st quarter. SG Americas Securities LLC now owns 64,181 shares of the healthcare company’s stock valued at $109,000 after purchasing an additional 49,817 shares in the last quarter. HRT Financial LLC acquired a new position in shares of Nobilis Health Corp in the 2nd quarter valued at approximately $129,000. OxFORD Asset Management LLP acquired a new position in shares of Nobilis Health Corp in the 2nd quarter valued at approximately $145,000. Finally, Synovus Financial Corp raised its position in shares of Nobilis Health Corp by 87.7% in the 2nd quarter. Synovus Financial Corp now owns 91,514 shares of the healthcare company’s stock valued at $177,000 after purchasing an additional 42,748 shares in the last quarter.

Nobilis Health Corp (NYSE:HLTH) opened at 1.45 on Wednesday. The firm has a 50-day moving average of $1.46 and a 200 day moving average of $1.55. The stock has a market capitalization of $112.82 million and a price-to-earnings ratio of 20.42. Nobilis Health Corp has a 52 week low of $1.10 and a 52 week high of $3.65.

Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) last announced its earnings results on Wednesday, August 2nd. The healthcare company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.01. The business had revenue of $79.96 million during the quarter, compared to analyst estimates of $69.89 million. On average, analysts anticipate that Nobilis Health Corp will post $0.14 EPS for the current year.

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Nobilis Health Corp Company Profile

Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.

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