Universal Health Services Stock Hits New 52-Week High (UHS)
Universal Health Services (NYSE:UHS) hit a new 52-week high Wednesday as it changed hands at $48.87 compared with its previous 52-week high of $48.67. Universal Health Services is currently trading at $48.35 with 112,103 shares changing hands as of 9:42 a.m.
NEW YORK ( TheStreet) -- Universal Health Services (NYSE: UHS) hit a new 52-week high Wednesday as it traded at $48.87 compared with its previous 52-Week high of $48.67. Universal Health Services is changing hands at $48.35 with 112,103 shares traded as of 9:42 a.m. ET. Average volume has been one million shares over the past 30 days. Universal Health Services has a market cap of $4.2 billion and is part of the health care sector and health services industry. Shares are up 8.2% year to date as of the close of trading on Tuesday. Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The company has a P/E ratio of 19.9, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16. TheStreet Ratings rates Universal Health Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Universal Health Services Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.