New Lifetime High Reached: Chemed (CHE)

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Trade-Ideas LLC identified Chemed ( CHE) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Chemed as such a stock due to the following factors:

  • CHE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.6 million.
  • CHE has traded 1,405 shares today.
  • CHE is trading at a new lifetime high.

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More details on CHE:

Chemed Corporation provides hospice and palliative care services in the United States. It operates in two segments, VITAS and Roto-Rooter. The company offers its services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers. The stock currently has a dividend yield of 0.7%. CHE has a PE ratio of 21. Currently there is 1 analyst that rates Chemed a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Chemed has been 141,200 shares per day over the past 30 days. Chemed has a market cap of $2.1 billion and is part of the health care sector and health services industry. The stock has a beta of 0.81 and a short float of 19.8% with 27.08 days to cover. Shares are up 18.6% year-to-date as of the close of trading on Thursday.

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