InnovAge (OTCMKTS:INNV) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

InnovAge Holding Corp. (OTCMKTS:INNVGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.45 and traded as low as $3.70. InnovAge shares last traded at $3.78, with a volume of 54,663 shares changing hands.

InnovAge Stock Performance

The business’s fifty day moving average is $4.65 and its two-hundred day moving average is $5.43. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $490.35 million, a PE ratio of -11.68 and a beta of 0.37.

About InnovAge

(Get Free Report)

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.

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