Watch for Continued Gains in Shares of Evolent Health Inc Class A (EVH)
September 15, 2022 at 11:44 AM EDT
Shares of Evolent Health Inc Class A (NYSE:EVH) traded at a new 52-week high today of $39.78. So far today approximately 156,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. The company’s reportable segments are Service segment which includes value-based care services, specialty care management services and comprehensive health plan administration services. and True Health segment consists of a commercial health plan it operates in New Mexico that focuses on small and large businesses. It generates a majority of its revenue from the Service segment.
Evolent Health Inc Class A has overhead space with shares priced $39.28, or 25.7% below the average consensus analyst price target of $52.88.
In the past 52 weeks, Evolent Health Inc Class A share prices are bracketed by a low of $21.36 and a high of $39.78 and is now at $39.28, 84% above that low price.
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