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InnovAge (OTCMKTS:INNV) Stock Passes Below 200-Day Moving Average - Time to Sell?

InnovAge logo with Medical background

Shares of InnovAge Holding Corp. (OTCMKTS:INNV - Get Free Report) 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 traded.

InnovAge Trading Down 4.2 %

The company has a market cap of $490.35 million, a PE ratio of -11.68 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. The firm has a fifty day moving average of $4.69 and a two-hundred day moving average of $5.44.

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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