InnovAge (OTCMKTS:INNV) Shares Down 4% – Time to Sell?

InnovAge Holding Corp. (OTCMKTS:INNV)’s share price traded down 4% during mid-day trading on Monday . The stock traded as low as $5.75 and last traded at $5.76. 74,160 shares changed hands during trading, an increase of 1% from the average session volume of 73,582 shares. The stock had previously closed at $6.00.

InnovAge Stock Down 1.9%

The company has a market capitalization of $759.81 million, a PE ratio of -18.06 and a beta of 0.57. The stock’s fifty day moving average is $5.21 and its two-hundred day moving average is $4.53. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.25.

About InnovAge

InnovAge Holdings, Inc, trading under the ticker INNV on the OTC Markets, is a specialized health care services company focused on delivering comprehensive geriatric care through the Program of All-Inclusive Care for the Elderly (PACE). The company’s model is designed to provide integrated medical and social services for seniors who qualify for both Medicare and Medicaid, with an emphasis on allowing participants to remain in their homes and communities for as long as possible.

InnovAge’s core offerings include primary medical care, prescription drug coverage, rehabilitative therapies, transportation, nutritional counseling and home-based support services.