Tivity Health Inc (TVTY) Can’t Burn Your Long Portfolio. Just Reaches 52-Week High

July 17, 2017 - By Hazel Jackson

The stock of Tivity Health Inc (NASDAQ:TVTY) hit a new 52-week high and has $41.71 target or 5.00 % above today’s $39.72 share price. The 7 months bullish chart indicates low risk for the $1.57 billion company. The 1-year high was reported on Jul, 17 by Barchart.com. If the $41.71 price target is reached, the company will be worth $78.50 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 109,085 shares traded. Tivity Health Inc (NASDAQ:TVTY) has risen 179.60% since July 17, 2016 and is uptrending. It has outperformed by 162.90% the S&P500.

Analysts expect Tivity Health Inc (NASDAQ:TVTY) to report $0.38 EPS on August, 8.They anticipate $0.16 EPS change or 29.63 % from last quarter’s $0.54 EPS. TVTY’s profit would be $15.05M giving it 26.09 P/E if the $0.38 EPS is correct. After having $0.42 EPS previously, Tivity Health Inc’s analysts see -9.52 % EPS growth.

More notable recent Tivity Health Inc (NASDAQ:TVTY) news were published by: Bizjournals.com which released: “Nashville public company unveils new name after year of dramatic change” on January 10, 2017, also Globenewswire.com with their article: “Tivity Health to Convene Inaugural Connectivity Summit on Rural Aging” published on June 01, 2017, Nasdaq.com published: “Tivity Health to Present at the William Blair & Company 37th Annual Growth …” on May 30, 2017. More interesting news about Tivity Health Inc (NASDAQ:TVTY) were released by: Seekingalpha.com and their article: “Tivity Health’s (TVTY) CEO Donato Tramuto on Q1 2017 Results – Earnings Call …” published on April 28, 2017 as well as Reuters.com‘s news article titled: “Exclusive: Tivity Health fields takeover interest – sources” with publication date: June 08, 2017.

Tivity Health, Inc., formerly Healthways, Inc., is focused targeted population health for those aged 50 and older. The company has market cap of $1.57 billion. The Firm offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. It has a 29.06 P/E ratio. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

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