CorVel (NASDAQ:CRVL) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
CorVel (CRVL) traded up $1.40 during trading hours on Thursday, reaching $50.20. 35,687 shares of the company’s stock were exchanged, compared to its average volume of 40,000. The firm has a market capitalization of $947.78, a PE ratio of 27.58 and a beta of 0.68. CorVel has a 1-year low of $39.20 and a 1-year high of $61.20.
CorVel (NASDAQ:CRVL) last posted its quarterly earnings results on Tuesday, January 30th. The business services provider reported $0.50 EPS for the quarter. The business had revenue of $140.73 million during the quarter. CorVel had a net margin of 6.33% and a return on equity of 23.74%.
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CorVel Corporation (Corvel) is a provider of workers’ compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers.
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