Premier Health of America (CVE:PHA) Stock Price Up 3.7% – Time to Buy?

Shares of Premier Health of America Inc. (CVE:PHA) rose 3.7% during trading on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 14,500 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 39,329 shares. The stock had previously closed at C$0.14.

Analysts Set New Price Targets

Separately, 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.

Premier Health of America Stock Performance

The stock has a market capitalization of C$7.77 million, a PE ratio of -0.64 and a beta of 0.59. The stock’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.28.

Premier Health of America (CVE:PHA) last announced its earnings results 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 net margin of 8.20% and a negative return on equity of 98.37%. The business had revenue of C$41.48 million for the quarter. On average, analysts predict that Premier Health of America Inc. will post 0.0041701 earnings per share 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.