Shares of HealthEquity Inc. (HQY) Rise to a New 52-Week High

April 7, 2022 10:41:41

Shares of HealthEquity Inc. (NASDAQ:HQY) traded at a new 52-week high today of $101.32. So far today approximately 42.6 million shares have been exchanged, as compared to an average 30-day volume of 723,000 shares.

Over the past year, HealthEquity Inc. has traded in a range of $22.45 to $84.78 and is now at $67.76.

HealthEquity Inc. (NASDAQ:HQY) defies analysts with a current price ($67.76) 0.8% above its average consensus price target of $67.20.

HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers’ health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

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