Premier Health of America (CVE:PHA) Reaches New 1-Year Low at $0.16

Shares of Premier Health of America Inc. (CVE:PHA) reached a new 52-week low on Friday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 116000 shares. The stock had previously closed at C$0.17.

Wall Street Analyst Weigh In

A number of research firms recently commented on PHA. Leede Financial lowered shares of Premier Health of America from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, August 22nd. Acumen Capital dropped their price objective on Premier Health of America from C$0.95 to C$0.65 and set a “speculative buy” rating on the stock in a research note on Monday, May 27th.

Premier Health of America Stock Performance

The firm’s 50 day simple moving average is C$0.31 and its 200-day simple moving average is C$0.41. The company has a market capitalization of C$8.88 million, a price-to-earnings ratio of -0.73 and a beta of 0.59.

About Premier Health of America

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.