November 29, 2016 - By Vivian Park · 0 Comments
The stock of Civitas Solutions Incorporated (NYSE:CIVI) registered an increase of 10.21% in short interest. CIVI’s total short interest was 659,800 shares in November as published by FINRA. Its up 10.21% from 598,700 shares, reported previously. With 39,100 shares average volume, it will take short sellers 17 days to cover their CIVI’s short positions. The short interest to Civitas Solutions Incorporated’s float is 4.41%. About 27,266 shares traded hands. Civitas Solutions Inc (NYSE:CIVI) has declined 6.37% since April 26, 2016 and is downtrending. It has underperformed by 11.62% the S&P500.
Civitas Solutions, Inc. is a provider of home and community health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The company has a market cap of $637.27 million. The Company’s clinicians and caregivers develop customized service plans, delivered in non-institutional settings, designed to address a range of often life-long conditions. It has a 59.07 P/E ratio. The Firm operates through two divisions: Human Services and Post-Acute Specialty Rehabilitation Services .
Out of 5 analysts covering Civitas Solutions (NYSE:CIVI), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Civitas Solutions has been the topic of 10 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The company was downgraded on Thursday, November 19 by Raymond James. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, January 6 report. Canaccord Genuity initiated Civitas Solutions Inc (NYSE:CIVI) rating on Wednesday, September 16. Canaccord Genuity has “Buy” rating and $29 price target. On Thursday, August 11 the stock rating was downgraded by Raymond James to “Market Perform”.
Civitas Solutions, Inc., incorporated on June 15, 2007, is a well-known provider of home and community health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company’s clinicians and caregivers develop customized service plans, delivered in non-institutional settings, designed to address a range of often life-long conditions. The Firm operates through two divisions: Human Services and Post-Acute Specialty Rehabilitation Services (SRS). The Firm serves individuals with a range of special needs and disabilities, such as individuals with intellectual and/or developmental disabilities (I/DD), individuals with catastrophic injuries and illnesses, particularly acquired brain injury (ABI), youth with emotional, behavioral and/or medically complex challenges, or at-risk youth (ARY) and elders in need of day health services to support their independence, or adult day health (ADH). As of September 30, 2015, the Company operated in approximately 40 states, serving approximately 12,400 clients in residential settings and over 17,000 clients in non-residential settings.
More news for Civitas Solutions Inc (NYSE:CIVI) were recently published by: Marketwatch.com, which released: “Civitas Solutions downgraded to market perform from outperform at Raymond James” on September 15, 2014. Quotes.Wsj.com‘s article titled: “News Civitas Solutions Inc.CIVI” and published on September 13, 2014 is yet another important article.
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By Vivian Park