Team Health Stock Falls On Unusually High Volume (TMH)

NEW YORK ( TheStreet) -- Team Health Holdings (NYSE: TMH) is trading at unusually high volume Tuesday with 797,611 shares changing hands. It is currently at 4.1 times its average daily volume and trading down 89 cents (-4.2%) at $20.40 as of 4 p.m. ET.

Team Health has a market cap of $1.36 billion and is part of the services sector and diversified services industry. Shares are down 3.6% year to date as of the close of trading on Monday.

Team Health Holdings, Inc. provides outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The company has a P/E ratio of 29.4, below the average diversified services industry P/E ratio of 67 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Team Health as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Team Health Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.
null

If you liked this article you might like

Republican Sweep Poised to Agitate ACA-Vulnerable Health Care Services Stocks

Republican Sweep Poised to Agitate ACA-Vulnerable Health Care Services Stocks

Mednax Remains Unlikely Target as Medical Mergers Gain Steam

Mednax Remains Unlikely Target as Medical Mergers Gain Steam

Here's Who Killed It in October Dealmaking Advice

Here's Who Killed It in October Dealmaking Advice

TeamHealth (TMH) Stock Downgraded After Blackstone Deal

TeamHealth (TMH) Stock Downgraded After Blackstone Deal

In Case You Missed It: Monday, Oct. 31

In Case You Missed It: Monday, Oct. 31