Aveanna Healthcare (NASDAQ:AVAH) Sets New 12-Month High at $4.70

Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $4.70 and last traded at $4.49, with a volume of 136948 shares trading hands. The stock had previously closed at $4.39.

Aveanna Healthcare Stock Performance

The company has a 50-day moving average of $2.89 and a 200-day moving average of $2.57. The firm has a market capitalization of $850.32 million, a price-to-earnings ratio of -7.78 and a beta of 2.07.

Aveanna Healthcare (NASDAQ:AVAH) last issued its quarterly earnings data on Thursday, May 9th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The business had revenue of $490.65 million during the quarter, compared to analyst estimates of $485.05 million. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. As a group, analysts anticipate that Aveanna Healthcare Holdings Inc. will post -0.13 EPS for the current fiscal year.

Hedge Funds Weigh In On Aveanna Healthcare

A number of large investors have recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in Aveanna Healthcare by 24.6% during the 4th quarter. SG Americas Securities LLC now owns 23,941 shares of the company’s stock worth $64,000 after acquiring an additional 4,721 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Aveanna Healthcare by 6.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 149,761 shares of the company’s stock worth $413,000 after acquiring an additional 9,243 shares during the last quarter. Acadian Asset Management LLC boosted its position in Aveanna Healthcare by 185.6% during the 1st quarter. Acadian Asset Management LLC now owns 29,385 shares of the company’s stock worth $72,000 after acquiring an additional 19,096 shares during the last quarter. Vanguard Group Inc. boosted its position in Aveanna Healthcare by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 2,571,251 shares of the company’s stock worth $6,402,000 after acquiring an additional 44,970 shares during the last quarter. Finally, Littlejohn & Co. LLC boosted its position in Aveanna Healthcare by 7.4% during the 1st quarter. Littlejohn & Co. LLC now owns 8,377,258 shares of the company’s stock worth $20,859,000 after acquiring an additional 578,488 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.