Nobilis Health (HLTH) Stock Price Up 14.3%

Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) shares rose 14.3% on Wednesday . The company traded as high as $0.17 and last traded at $0.16. Approximately 1,730,600 shares were traded during trading, an increase of 487% from the average daily volume of 294,699 shares. The stock had previously closed at $0.14.

An institutional investor recently raised its position in Nobilis Health stock. Perritt Capital Management Inc. grew its position in shares of Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) by 18.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 400,000 shares of the healthcare company’s stock after purchasing an additional 62,774 shares during the period. Perritt Capital Management Inc. owned approximately 0.51% of Nobilis Health worth $168,000 as of its most recent SEC filing.

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Nobilis Health Company Profile (NYSEAMERICAN:HLTH)

Nobilis Health Corp. owns and manages ambulatory surgical centers (ASCs), and acute-care and surgical hospitals in the United States. It operates through two segments, Medical Services and Marketing. The company's healthcare facilities provides surgical procedures in various clinical specialties, including orthopedic surgery, podiatric, vein and vascular, pain management, gastro- intestinal, gynecology, and general, as well as ear, nose, and throat.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

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