Is This Stock a Screaming Buy: Addus HomeCare Corporation (NASDAQ:ADUS)

Equity Research firms currently have a positive stance on shares of Addus HomeCare Corporation (NASDAQ:ADUS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $28.75 on a short term basis.

At the time of writing, the stock was trading at $26.53. This represents a change from the opening price of -0.52%. In terms of performance, year to date, the stock is 14.69%. The monthly stock performance comes in at 6.93%. For the quarter, shares are performing at 40.53%. Weekly performance analysis shows the equity at 2.34%.

In taking a look at technical levels, shares are trading 13.57% away from the 50 day simple moving average and 27.63% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -30.33% away from it’s 52- week high and 73.06% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Addus HomeCare Corporation’s RSI stands at 65.61. In looking at volatility levels, the shares saw weekly volatility of 2.71% and 4.21% over the past month.

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