NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $31.93, above its previous 52-week high of $31.89 with 12,895 shares traded as of 10:02 a.m. ET. Average volume has been 163,100 shares over the past 30 days.
Invacare has a market cap of $970.5 million and is part of the
industry. Shares are up 4.4% year to date as of the close of trading on Wednesday.
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 40.4, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.4.
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TheStreet Ratings rates Invacare as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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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