InnovAge (OTCMKTS:INNV) Shares Cross Below Fifty Day Moving Average – Time to Sell?

InnovAge Holding Corp. (OTCMKTS:INNVGet Free Report)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.22 and traded as low as $5.13. InnovAge shares last traded at $5.26, with a volume of 150,458 shares.

InnovAge Trading Down 2.2%

The firm has a market cap of $713.68 million, a P/E ratio of -16.97 and a beta of 0.57. The business’s 50-day moving average is $5.22 and its two-hundred day moving average is $4.58. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.25.

About InnovAge

(Get Free Report)

InnovAge Holdings, Inc, trading under the ticker INNV on the OTC Markets, is a specialized health care services company focused on delivering comprehensive geriatric care through the Program of All-Inclusive Care for the Elderly (PACE). The company’s model is designed to provide integrated medical and social services for seniors who qualify for both Medicare and Medicaid, with an emphasis on allowing participants to remain in their homes and communities for as long as possible.

InnovAge’s core offerings include primary medical care, prescription drug coverage, rehabilitative therapies, transportation, nutritional counseling and home-based support services.

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