Hanger Orthopedic Group Reaches New 52-Week High (HGR)

NEW YORK ( TheStreet) -- Hanger Orthopedic Group (NYSE: HGR) hit a new 52-week high Friday as it traded at $28.45 compared with its previous 52-Week high of $28. Hanger Orthopedic Group is changing hands at $28.45 with 107,326 shares traded as of 10:06 a.m. ET. Average volume has been 226,000 shares over the past 30 days.

Hanger Orthopedic Group has a market cap of $893.4 million and is part of the health care sector and health services industry. Shares are up 29.2% year to date as of the close of trading on Thursday.

Hanger Orthopedic Group, Inc. engages in the ownership and operation of orthotic and prosthetic (O&P) patient-care centers in the United States. The company has a P/E ratio of 41.2, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.8.
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TheStreet Ratings rates Hanger Orthopedic Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth 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 Hanger Orthopedic Group Ratings Report.

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