InnovAge (OTCMKTS:INNV) Stock Passes Above Fifty Day Moving Average - Here's What Happened

InnovAge Holding Corp. (OTCMKTS:INNV - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.10 and traded as high as $3.15. InnovAge shares last traded at $3.13, with a volume of 57,882 shares trading hands.

InnovAge Trading Up 2.6 %

The firm's 50-day moving average price is $3.07 and its 200-day moving average price is $4.01. The company has a market cap of $423.31 million, a P/E ratio of -10.10 and a beta of 0.41. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.25.

InnovAge Company Profile

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.