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Guardian Pharmacy Services (NYSE:GRDN) Shares Down 5.4% - Here's What Happened

Guardian Pharmacy Services logo with Medical background
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Guardian Pharmacy Services, Inc. (NYSE:GRDN - Get Free Report)'s share price dropped 5.4% during trading on Tuesday . The stock traded as low as $20.00 and last traded at $20.12. Approximately 111,487 shares changed hands during trading, a decline of 29% from the average daily volume of 157,774 shares. The stock had previously closed at $21.26.

Guardian Pharmacy Services Stock Down 1.8 %

The stock's 50-day moving average is $20.56.

Institutional Investors Weigh In On Guardian Pharmacy Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. R Squared Ltd purchased a new stake in Guardian Pharmacy Services during the fourth quarter worth $30,000. Investment Research & Advisory Group Inc. purchased a new stake in shares of Guardian Pharmacy Services during the 4th quarter worth about $34,000. BNP Paribas Financial Markets acquired a new stake in shares of Guardian Pharmacy Services during the 4th quarter valued at about $37,000. Compass Financial Services Inc purchased a new position in shares of Guardian Pharmacy Services in the 4th quarter valued at about $58,000. Finally, JPMorgan Chase & Co. acquired a new position in Guardian Pharmacy Services in the 4th quarter worth about $77,000.

Guardian Pharmacy Services Company Profile

(Get Free Report)

Guardian Pharmacy Services, Inc, a pharmacy service company, provides a suite of technology-enabled services designed to help residents of long-term health care facilities (LTCFs) in the United States. Its individualized clinical, drug dispensing, and administration capabilities are used to serve the needs of residents in lower acuity LTCFs, such as assisted living facilities and behavioral health facilities and group homes.

Further Reading

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