New Frontier Health Corporation (NYSE:NFH) traded today at a new 52-week high of $11.85. Approximately 438,000 shares have changed hands today, as compared to an average 30-day volume of 688,000 shares.
Based on a current price of $11.81, New Frontier Health Corporation is currently 0.1% above its average consensus analyst price target of $11.80.
New Frontier Health Corporation share prices have moved between a 52-week high of $11.85 and a 52-week low of $8.30 and are now trading 42% above that low price at $11.81 per share.
New Frontier Health Corp is a comprehensive private medical service platform. Through its subsidiary, it provides healthcare services throughout the life cycle in China. The firm’s operating segments are Operating assets Tier 1, and Operating assets Tier 2 and other assets and Expansion assets. Tier 1 segment consists of the group’s existing general hospitals and clinics located in tier 1 cities in China, such as Beijing and Shanghai whereas, tier 2 and other assets segment consists of the group’s existing general hospitals and clinics located in tier 2 cities in China, such as Tianjin and Qingdao, and specialized healthcare facilities. The company generates a majority of its revenue from the Tier 1 segment.
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