Envision Healthcare Holdings, Inc. (NYSE:EVHC) was a big mover last session, as the company saw its shares rise over 8% on the day. Shares gained on reports of a potential merger with AmSurg Corp. (NASDAQ:AMSG) , which would combine two major providers of physician and other health-care services. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 22.9% since May 18.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Envision Healthcare currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
Is EVHC going up? Or down? Predict to see what others think: Up or Down
AMSURG CORP (AMSG): Free Stock Analysis Report
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