InnovAge (OTCMKTS:INNV) Shares Gap Down – Here’s What Happened

InnovAge Holding Corp. (OTCMKTS:INNVGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $5.82, but opened at $5.55. InnovAge shares last traded at $5.55, with a volume of 1,371 shares trading hands.

InnovAge Price Performance

The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $744.89 million, a PE ratio of -17.71 and a beta of 0.57. The business has a fifty day moving average price of $5.19 and a 200-day moving average price of $4.46.

About InnovAge

(Get Free Report)

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.

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