Premier Health of America (CVE:PHA) Shares Down 8.8% – Should You Sell?

Premier Health of America Inc. (CVE:PHA) dropped 8.8% during mid-day trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 3,000 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 39,579 shares. The stock had previously closed at C$0.17.

Analyst Upgrades and Downgrades

Separately, Leede Financial lowered Premier Health of America from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, August 22nd.

Premier Health of America Stock Down 8.8 %

The company has a market cap of C$8.60 million, a PE ratio of -0.70 and a beta of 0.60. The business has a 50-day simple moving average of C$0.23 and a 200-day simple moving average of C$0.35.

Premier Health of America (CVE:PHA) last posted its quarterly earnings data on Wednesday, August 21st. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.01 by C($0.06). Premier Health of America had a negative return on equity of 98.37% and a negative net margin of 8.20%. The company had revenue of C$41.48 million for the quarter. As a group, equities research analysts predict that Premier Health of America Inc. will post 0.0047262 EPS for the current fiscal year.

Premier Health of America Company Profile

Premier Health of America Inc, together with its subsidiaries, engages in the provision of staffing and outsourced service solutions for healthcare needs in Canada. It operates in two segments, Per Diem and Travel Nurse. The company provides temporary or permanent resources, including registered nurses, registered practical nurses, registered therapists, and personal support workers for public and private hospitals, medical clinics, and retirement homes.