InnovAge (OTCMKTS:INNV) Shares Down 4.5% - Time to Sell?

InnovAge Holding Corp. (OTCMKTS:INNV - Get Free Report)'s stock price was down 4.5% on Wednesday . The company traded as low as $3.86 and last traded at $3.86. Approximately 537 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 49,879 shares. The stock had previously closed at $4.04.

InnovAge Stock Down 0.5%

The stock's 50-day moving average price is $3.68 and its two-hundred day moving average price is $3.53. The stock has a market capitalization of $529.25 million, a PE ratio of -12.64 and a beta of 0.55. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.57 and a current ratio of 1.57.

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.