HealthSouth Corporation (HLS) Moves Higher on Volume Spike for November 16

Equities Staff |

HealthSouth Corporation (HLS) traded on unusually high volume on Nov. 16, as the stock gained 0.58% to close at $48.32. On the day, HealthSouth Corporation saw 1.87 million shares trade hands on 10,296 trades. Considering that the stock averages only a daily volume of 823,665 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $49.99 and $38.24 over the last 52-weeks, its 50-day SMA is now $45.95, and its 200-day SMA $44.44. HealthSouth Corporation has a P/B ratio of 4.18. It also has a P/E ratio of 17.4.

Healthsouth Corp provides post-acute healthcare services in the US through a network of inpatient rehabilitation hospitals, home health and hospice agencies. The firm operates in two segments: Inpatient Rehabilitation and Home Health and Hospice.

Headquartered in Birmingham, AL, HealthSouth Corporation has 27,968 employees and is currently under the leadership of CEO Mark J. Tarr.

For a complete fundamental analysis analysis of HealthSouth Corporation, check out’s Stock Valuation Analysis report for HLS.

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To get more information on HealthSouth Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: HLS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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