InnovAge (OTCMKTS:INNV) Shares Cross Above 50 Day Moving Average – Should You Sell?

InnovAge Holding Corp. (OTCMKTS:INNVGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.49 and traded as high as $5.82. InnovAge shares last traded at $5.55, with a volume of 67,741 shares changing hands.

InnovAge Price Performance

The stock has a market capitalization of $753.03 million, a PE ratio of -17.90 and a beta of 0.57. The stock’s 50 day moving average is $5.49 and its two-hundred day moving average is $4.83. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.57 and a current ratio of 1.57.

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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