InnovAge (OTCMKTS:INNV) Shares Gap Down - Here's What Happened

InnovAge Holding Corp. (OTCMKTS:INNV - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $4.46, but opened at $4.23. InnovAge shares last traded at $4.07, with a volume of 4,853 shares changing hands.

InnovAge Trading Down 0.7%

The stock has a market cap of $567.05 million, a price-to-earnings ratio of -13.55 and a beta of 0.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.57 and a current ratio of 1.57. The company has a 50 day moving average of $3.90 and a 200-day moving average of $3.53.

About InnovAge

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.