Acadia Healthcare Sees Unusually Large Options Volume (ACHC)
Acadia Healthcare Company Inc (NASDAQ:ACHC) was the target of unusually large options trading activity on Tuesday. Stock traders acquired 960 call options on the stock. This represents an increase of 1,400% compared to the typical daily volume of 64 call options.
ACHC has been the topic of several recent analyst reports. Citigroup decreased their price objective on shares of Acadia Healthcare from $61.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, October 25th. Cantor Fitzgerald decreased their price objective on shares of Acadia Healthcare from $48.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 24th. Deutsche Bank downgraded shares of Acadia Healthcare from a “buy” rating to a “hold” rating and decreased their price objective for the company from $60.00 to $37.00 in a research report on Wednesday, October 25th. Wells Fargo & Co initiated coverage on shares of Acadia Healthcare in a research report on Tuesday, January 30th. They set an “outperform” rating and a $41.00 price objective on the stock. Finally, BidaskClub downgraded shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $43.92.
In other Acadia Healthcare news, Director Reeve B. Waud sold 100,000 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $31.80, for a total value of $3,180,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.10% of the stock is currently owned by company insiders.
Acadia Healthcare (NASDAQ ACHC) opened at $33.72 on Friday. The firm has a market cap of $2,988.78, a price-to-earnings ratio of 17.12, a P/E/G ratio of 1.15 and a beta of 0.85. Acadia Healthcare has a 52 week low of $26.92 and a 52 week high of $54.34. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.36 and a current ratio of 1.36.
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About Acadia Healthcare
Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.
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