NEW YORK (
) hit a new 52-week high Friday as it traded at $30.99 compared with its previous 52-Week high of $30.92. Invacare is changing hands at $30.98 with 23,987 shares traded as of 10:56 a.m. ET. Average volume has been 171,400 shares over the past 30 days.
Invacare has a market cap of $956.4 million and is part of the
industry. Shares are up 0.6% year to date as of the close of trading on Thursday.
Invacare Corporation designs, manufactures, and distributes medical equipment and supplies for the non-acute care environment, including the home health care, retail, and extended care markets. The company has a P/E ratio of 39.1, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.
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TheStreet Ratings rates Invacare as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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