Shares of Universal Health Services Inc. (UHS) Rise Above Previous 52-Week High

May 14, 2021 12:10:45

Universal Health Services Inc. (NYSE:UHS) traded at a new 52-week high today of $159.76. Approximately 129,000 shares have changed hands today, as compared to an average 30-day volume of 578,000 shares.

Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm’s acute care hospitals, surgical hospitals, and surgery and oncology centers. Each segment contributes roughly half of the firm’s overall revenue. Universal Health Services receives a significant portion of its net patient revenue from Medicare and Medicaid. The largest proportion of the firm’s net patient revenue is paid by managed care organizations.

Universal Health Services Inc. (NYSE:UHS) is currently priced 7.6% above its average consensus analyst price target of $147.40.

Universal Health Services Inc. share prices have moved between a 52-week high of $159.76 and a 52-week low of $86.64 and are now trading 84% above that low price at $159.60 per share.

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