Free Trial

PACS Group (NYSE:PACS) Shares Gap Down - What's Next?

PACS Group logo with Medical background

PACS Group, Inc. (NYSE:PACS - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $12.35, but opened at $12.06. PACS Group shares last traded at $12.86, with a volume of 141,262 shares trading hands.

PACS Group Stock Up 6.8%

The stock has a 50 day simple moving average of $10.02 and a two-hundred day simple moving average of $12.03.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. State of Wyoming purchased a new stake in PACS Group in the fourth quarter valued at $47,000. Jones Financial Companies Lllp acquired a new stake in shares of PACS Group during the first quarter worth about $64,000. KLP Kapitalforvaltning AS acquired a new stake in shares of PACS Group during the fourth quarter worth about $126,000. Savant Capital LLC purchased a new stake in shares of PACS Group in the 4th quarter valued at about $142,000. Finally, ProShare Advisors LLC lifted its holdings in shares of PACS Group by 45.4% in the 4th quarter. ProShare Advisors LLC now owns 10,855 shares of the company's stock valued at $142,000 after purchasing an additional 3,391 shares during the last quarter.

PACS Group Company Profile

(Get Free Report)

PACS Group, Inc, through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in PACS Group Right Now?

Before you consider PACS Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PACS Group wasn't on the list.

While PACS Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines