AMED Crosses Below Key Price/Book Valuation Level

In trading on Tuesday, shares of Amedisys, Inc. ( AMED) crossed below their last reported book value — defined as common shareholder equity per share — of $14.44, changing hands as low as $14.00 per share. Amedisys, Inc. shares are currently trading down about 18.6% on the day. The chart below shows the one year performance of AMED shares, versus its 50 and 200 day moving averages:

Click here to find out which 9 other stocks recently crossed below their book value »

Amedisys, Inc. Moving Averages Chart

Looking at the chart above, AMED's low point in its 52 week range is $8.81 per share, with $18.70 as the 52 week high point — that compares with a last trade of $14.17.

According to the ETF Finder at ETF Channel, AMED makes up 1.19% of the SPDR S&PHealth Care Services ETF ( XHS) which is trading lower by about 0.4% on the day Tuesday.

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