Tenet Healthcare Corp. (THC) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Tenet Healthcare Corp. (THC) experienced unusually high volume on Dec. 21, as the stock lost 0.8% to a closing price of $27.41. The stock saw 3.87 million shares trade hands over the course of the day on 20,060 trades. Given that the stock’s average daily volume over the last month has been 2.42 million shares a day, this represents a pretty substantial spike over the norm.

Tenet Healthcare Corp. has a P/B ratio of 3.41. It also has a P/E ratio of 144.3. The stock has traded between $60.93 and $26.60 over the last 52-weeks, its 50-day SMA is now $32.53, and its 200-day SMA $46.06.

Tenet Healthcare Corp is a health care services company whose subsidiaries and affiliates operate regionally focused, integrated health care delivery networks.

Headquartered in Dallas, TX, Tenet Healthcare Corp. has 108,989 employees and is currently under the leadership of CEO Trevor Fetter.

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

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