The stock last traded at $44.25 barely below the 50 day moving average of $48.16 and which is well below the 200 day moving average of $52.41. The 50 day moving average was down $-3.91 or -8.12% and the 200 day average went down by -15.57%. Trading was heavy with 212K shares changing hands in the last trading session. Volume was up 107.31% over the stocks average daily volume.
Investors are a little more bearish on shares of Almost Family Inc of late at least if you consider the increase in short interest. The stock recorded a rise in short interest of 52.42% between September 29, 2017 and October 13, 2017. Short interest increased 230,309 over that period. With short interest at 669,672 and short average daily volume at 105,877, the short-interest ratio is 6.0 and the percentage of shorted shares was 0.05% on October 13.
Here is a rundown on some insider market activity for Almost Family Inc (NASDAQ:AFAM). John Shermyen, SVP Healthcare Innovations sold $104,000 worth of shares at an average price of $52.00 on Thu the 28th. That brings Shermyen’s holdings to $4,152,928 per an SEC filing yesterday.
These firms have modified their investment in AFAM. As of quarter end Victory Capital Management Inc had sold a total of 732 shares trimming its stake by 19.0%. The value of the total investment in Almost Family Inc decreased from $237,000 to $167,000 a change of $70,000 since the last quarter. Nationwide Fund Advisors reduced its position by selling 217 shares a decrease of 2.2% as of 09/30/2017. Nationwide Fund Advisors currently owns 9,692 shares worth $520,000. The value of the position overall is down by 14.9%.
First Trust Advisors Lp bolstered its investment by buying 424 shares an increase of 4.5% from 06/30/2017 to 09/30/2017. First Trust Advisors Lp controls 9,928 shares with a value of $533,000. The total value of its holdings decreased 9.0%. As of the end of the quarter Aperio Group, LLC had disposed of 218 shares trimming its holdings by 4.0%. The value of the company’s investment in Almost Family Inc went from $336,000 to $281,000 a change of 16.4% quarter over quarter.
JP Morgan initiated coverage setting a rating of “Neutral”.
The company’s P/E ratio is 30.12 and the market cap of the company is 606.98M. As of the last earnings report the EPS was $1.47 and is estimated to be $2.15 for the current year with 13,717,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.63 with next year’s EPS anticipated to be $2.63.
Almost Family, Inc., launched on November 19, 1985, is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The HCI segment includes its developmental activity outside of the home health business platform..