Shares of Maximus Inc. (NYSE:MMS) traded today at $90.21, eclipsing its 52-week high. This new high was reached on below average trading volume as 93,000 shares traded hands, while the average 30-day volume is approximately 304,000 shares.
Maximus Inc. (NYSE:MMS) is currently priced 2.4% above its average consensus analyst price target of $85.68.
Over the past year, Maximus Inc. has traded in a range of $53.30 to $90.21 and is now at $87.81, 65% above that low.
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.
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