Shares of Maximus Inc. (NYSE:MMS) traded today at $83.09, eclipsing its 52-week high. This new high was reached on below average trading volume as 52,000 shares traded hands, while the average 30-day volume is approximately 385,000 shares.
Maximus Inc. share prices have moved between a 52-week high of $83.09 and a 52-week low of $46.42 and are now trading 79% above that low price at $82.97 per share.
Maximus Inc is an operator of government health and human services programs in the United States, United Kingdom, Canada, Australia, and Saudi Arabia. The company offers business solutions to improve the cost-effectiveness, efficiency, and quality of government-sponsored benefit programs, such as Medicaid, Medicare, Health Insurance BC, and child support programmes. Most of its revenue is derived from long-term contractual arrangements with governments around the world. The largest segment by revenue, health services, provides customer center operations and support services, health insurance enrollment services, and health plan oversight services.
Based on a current price of $82.97, Maximus Inc. is currently 6.6% above its average consensus analyst price target of $77.52.
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