Amedisys Inc (AMED) Soars 13.99%

Amedisys Inc (AMED) had a good day on the market for Friday November 01 as shares jumped 13.99% to close at $146.50. About 1.11 million shares traded hands on 13,260 trades for the day, compared with an average daily volume of n/a shares out of a total float of 32.17 million. After opening the trading day at $141.20, shares of Amedisys Inc stayed within a range of $152.64 to $138.21.

With today’s gains, Amedisys Inc now has a market cap of $4.71 billion. Shares of Amedisys Inc have been trading within a range of $141.98 and $103.76 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Amedisys Inc is a healthcare services company in the United States. The company brings healthcare to the home through the provision of home healthcare services, hospice services, and personal care services. The Home Health Segment provides skilled nurses, therapists, and aids to patient’s homes throughout the United States. The Hospice segment operates many centers designed to provide comfort and support for terminally ill patients. The Personal Care Segment provides individuals with assistance in the daily living activities. A majority of the company’s revenue is derived from the Home Health segment. Additionally, the Hospice segment accounts for a substantial amount of revenue, while the Personal Care segment makes up for the small remaining revenue.

Amedisys Inc is based out of Baton Rouge, LA and has some 21,000 employees. Its CEO is Paul B. Kusserow.

Amedisys Inc 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.

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