How These Healthcare Stocks are Faring? -- BioScrip, Community Health Systems, Perrigo, and Health Insurance Innovations

Friday, March 24, 2017 Health Insurance News
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NEW YORK, March 24, 2017 /PRNewswire/ --

The Healthcare sector is the category of stocks relating to medical and

health care goods or services. It includes hospital management firms, health maintenance organizations, biotechnology, and a variety of medical products. Pre-market, directs investors' attention to the following Healthcare stock: BioScrip
Inc. (NASDAQ: BIOS), Community Health Systems Inc. (NYSE: CYH), Perrigo Co. PLC (NYSE: PRGO), and Health Insurance Innovations Inc. (NASDAQ: HIIQ). Register now and get full and free access to our downloadable research reports on these stocks at:


On Thursday, shares in Denver, Colorado-based BioScrip Inc. recorded a trading volume of 1.04 million shares. The stock ended flat at $1.77. The Company's shares have gained 9.26% in the last one month, 63.89% over the previous three months, and 70.19% on an YTD basis. The stock is trading above its 50-day moving average by 6.79%. Furthermore, shares of BioScrip, which provides home infusion services in the US, have a Relative Strength Index (RSI) of 48.92.

On March 03rd 2017, BioScrip announced its Q4 and full-year 2016 financial results. For Q4 2016, the Company reported revenue from continuing operations of $240.1 million, net loss from continuing operations of ($5.2) million, and diluted EPS of ($0.06) loss per share. For the full-year 2016, BioScrip reported revenue from continuing operations of $935.6 million, net loss from continuing operations of ($34.4) million, and diluted EPS of ($0.46) loss per share.

On March 06th, 2017, research firm Barrington Research reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $1.50 a share to $2.25 a share. Access our complete research report on BIOS for free at:

Community Health Systems  

Franklin, Tennessee headquartered Community Health Systems Inc.'s stock finished yesterday's session 3.57% higher at $8.70. A total volume of 4.27 million shares was traded, which was above their three months average volume of 3.96 million shares. The Company's shares have surged 57.89% over the previous three months and 55.64% on an YTD basis. The stock is trading above its 50-day moving average by 11.82%. Furthermore, shares of Community Health Systems, which together with its subsidiaries, owns, leases, and operates general acute care hospitals in the US, have an RSI of 50.37.

On March 17th, 2017, Community Health Systems announced that its wholly-owned subsidiary, CHS/Community Health Systems, Inc., had completed its offering of $2.2 billion aggregate principal amount of its 6.250% Senior Secured Notes due 2023.

On March 01st, 2017, research firm Piper Jaffray downgraded the Company's stock rating from 'Neutral' to 'Underweight'. The complimentary research report on CYH can be downloaded at:


At the close of trading on Thursday, shares in Dublin, Ireland headquartered Perrigo Co. PLC saw a slight decline of 0.39%, ending the day at $68.16. The stock recorded a trading volume of 875,327 shares. The Company's shares are trading 10.35% below their 50-day moving average. Moreover, shares of Perrigo, which together with its subsidiaries, develops, manufactures, markets, and distributes over-the-counter consumer goods and pharmaceutical products worldwide, have an RSI of 33.64.

On March 08th, 2017, Perrigo announced the first-to-market launch of the over-the-counter store brand equivalent to Women's Rogaine® 5% minoxidil foam (minoxidil topical aerosol, 5% foam). First shipments of this new store foam have already been initiated.

On March 03rd, 2017, research firm B. Riley & Co. reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $83 a share to $67 a share. Register for free on and get access to the latest PDF format report on PRGO at:

Health Insurance Innovations  

Tampa, Florida-based Health Insurance Innovations Inc.'s shares ended the day 2.88% higher at $16.10 with a total trading volume of 216,263 shares. The stock has gained 17.95% over the previous three months. The Company's shares are trading 61.18% above their 200-day moving average. Additionally, shares of Health Insurance Innovations, which operates as a developer, distributor, and administrator of cloud-based individual health and family insurance plans, and supplemental products in the US, have an RSI of 39.56.

On March 01st, 2017, Health Insurance Innovations announced financial results for Q4 and financial year ended December 31st, 2016. For 2016, revenue was $184.5 million, an increase of 76.2% over $104.7 million in 2015. Net income attributable to the Company was $4.5 million, adjusted EBITDA was $27.8 million, and GAAP diluted EPS was $0.57. Adjusted EPS was $1.12 in 2016 compared to $0.27 in 2015. 

On March 13th, 2017, research firm Canaccord Genuity initiated a 'Buy' rating on the Company's stock, with a target price of $28 per share. Download your free research report on HIIQ at:


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