Quorum Health Corporation (QHC) had a good day on the market for Wednesday October 23 as shares jumped 5.16% to close at $1.25. About 132,328 shares traded hands on 344 trades for the day, compared with an average daily volume of n/a shares out of a total float of 32.91 million. After opening the trading day at $1.19, shares of Quorum Health Corporation stayed within a range of $1.26 to $1.19.
With today’s gains, Quorum Health Corporation now has a market cap of $41.14 million. Shares of Quorum Health Corporation have been trading within a range of $5.74 and $0.91 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Quorum Health Corp with its subsidiaries is engaged in providing hospital and outpatient services across the United States. The services provided by the company include hospital management advisory and operations support which include providing operational, financing, and strategic guidance, hospital group purchasing, online solutions for hospitals which include web-based applications and software tools to support hospital, and education programs. The company generate revenues by providing healthcare services at its hospitals and affiliated outpatient service facilities to patients seeking medical treatment.
Quorum Health Corporation is based out of Brentwood, TN and has some 11,600 employees. Its CEO is Robert H. Fish.
Quorum Health Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
