HMS Holdings Corp. (NASDAQ:HMSY) went up by 0.12% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Health Information Services giant went up by $32.50 to trade ended Wednesday trading at $32.46. This is up from the $32.46 price recorded on Tuesday’s trading session. Thanks to this latest performance, HMSY is closer to the higher price 52-week target of $40.00 and further from the lowest price target of $27.00. Its performance from the start of the year has also been positive, with HMSY up by 9.80% year-to-date.
HMS Holdings Corp. (HMSY) started the day trading at $32.49 and recorded an intraday high of $32.69. It also recorded an intraday low of $31.88 during Wednesday’s trading session. HMS Holdings Corp. is a very active stock that recorded a trading volume that is less than -46.03% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 416365, which is less than -46.03 of the total average daily trading volume of 608.03K.
HMS Holdings Corp. (NASDAQ:HMSY) 2020 Performance Impressive
The increase in HMSY’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HMSY currently stands at $40.67, which is higher than the current trading price of the stock by 20.09%. However, HMSY’s current trading price is -78.67% lower than the 52-week low price of $18.19. In terms of trading volume, HMS Holdings Corp. currently experienced healthy participation during the last trading session. 416365 shares of HMS Holdings Corp. were traded on the stock exchange on Wednesday, which is less than -46.03% of the 608.03K average trading volume of the stock.
The performance of the stock has been positive over the past year. HMSY’s performance over the past one year has seen it plunge by -3.36%, while the stock has gone up by 8.26% in the last six months. The quarterly performance of HMSY currently stands at 34.13%, and it is up by 0.59% in the last month. The only positive figure was from the weekly performance, which currently reads 0.34%. At the time of writing HMSY’s report, the company has a total market cap of $2.84B, making it one of the largest publicly-traded companies in the world.HMS Holdings Corp. also has over 3100 employees all over the world.
HMSY Insider Activities
The insider transactions over the past six months are up by 35.80%.For HMS Holdings Corp. insiders bought 422,714 shares in 30 transactions. In that same period, insiders sold 149,346 of their shares in 30 transactions. After these transactions, insiders at HMS Holdings Corp. now hold 1.47M shares, which is over 101.13% of the total company stocks. Institutional investors currently hold a large chunk of the HMSY shares, as they control 1.66% of the company’s total stock.
HMSY Fundamental Analysis
For HMS Holdings Corp., the stock’s diluted earnings per share (EPS) stands at 0.91. In the coming year, analysts expect the EPS to be 1.32. The EPS growth will up over the next five years to 9.15% after surging by 43.90% in the previous five years. In terms of revenue, HMS Holdings Corp.’s quarterly sales (YOY) is growing at 0.19, which is lower than the average annual revenue of 43.90% over the past half a decade.
The Return on Investment (ROI) on HMS Holdings Corp.’s stock currently stands at 7.80%, and it has a net profit margin of 12.40%. The operating margin of the company is 15.70%, and its gross margin is 34.30%.
HMSY Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HMSY currently stands at 3.12%, while the SMA50 is 8.10%. The biggest one is the SMA200, which is currently reading 12.37% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 60.60, while its price to earnings ratio (P/E) is 35.56.