Shares of LHC Group (Nasdaq:LHCG) were gapping up Thursday morning with an open price 14.2% higher than Wednesday's closing price. The stock closed at $17.02 yesterday and opened today's trading at $19.43.
NEW YORK ( TheStreet) -- Shares of LHC Group (Nasdaq: LHCG) were gapping up Thursday morning with an open price 14.2% higher than Wednesday's closing price. The stock closed at $17.02 Wednesday and opened today's trading at $19.43. The average volume for LHC Group has been 162,100 shares per day over the past 30 days. LHC Group has a market cap of $269.5 million and is part of the health care sector and health services industry. Shares are up 32.7% year to date as of the close of trading on Wednesday. LHC Group, Inc., through its subsidiaries, provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the United States. TheStreet Ratings rates LHC Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full LHC Group Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.