InnovAge (OTCMKTS:INNV) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

by · The Cerbat Gem

InnovAge Holding Corp. (OTCMKTS:INNV – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.45 and traded as low as $3.70. InnovAge shares last traded at $3.78, with a volume of 54,663 shares changing hands.

InnovAge Trading Up 2.4 %

The stock has a fifty day moving average of $4.69 and a two-hundred day moving average of $5.44. The company has a market capitalization of $512.02 million, a PE ratio of -12.19 and a beta of 0.37. 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 Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.

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