Viemed Healthcare (CVE:VMD) Trading Down 2% – Here’s What Happened

Viemed Healthcare (CVE:VMD)’s stock price fell 2% during trading on Wednesday . The stock traded as low as C$4.84 and last traded at C$4.95. 91,383 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 197,608 shares. The stock had previously closed at C$5.05.

Viemed Healthcare Price Performance

The firm’s 50-day simple moving average is C$4.95 and its two-hundred day simple moving average is C$4.95.

Insiders Place Their Bets

In related news, Director Nitin Kaushal sold 15,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$8.50, for a total value of C$127,500.00. Also, Director Randolph Edward Dobbs sold 36,261 shares of Viemed Healthcare stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of C$9.28, for a total value of C$336,502.08. Over the last quarter, insiders have sold 57,256 shares of company stock worth $515,439.

Viemed Healthcare Company Profile

Viemed Healthcare, Inc, through its subsidiaries, provides in-home health care solutions in the United States. It offers respiratory services and related equipment, including non-invasive ventilators, positive airway pressure machines, and oxygen units, as well as services of respiratory therapists. The company also provides in-home sleep apnea testing to determine the existence of sleep apnea at home.