One of the S&P 500’s big losers for Thursday January 07 was Tenet Healthcare Corp. (THC). The company’s stock fell 7% to $25.37 on volume of 2.65 million shares.
The stock opened the day at 26.65 and traded between a low of $25.18 and a high of $26.72. The stock finished the day down $1.91 per share. Tenet Healthcare Corp. has an average daily volume of 2.8 million and a total float of 99.67 million shares. The 50-day SMA for Tenet Healthcare Corp. is $31.60 and its 200-day SMA is $45.05. The high for the stock over the last 52 weeks is $60.93 and the low is $26.57.
Tenet Healthcare Corp is a health care services company whose subsidiaries and affiliates operate regionally focused, integrated health care delivery networks.
Tenet Healthcare Corp. is centered in Dallas, TX, and has 108,989 employees. Today’s trading day leaves the company with a market cap of $2.53 billion. The company has a P/S ratio of n/a, P/B ratio of 3.15, and a -5.6.
For a complete fundamental analysis analysis of Tenet Healthcare Corp., check out Equities.com’s Stock Valuation Analysis report for THC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.