(VIANEWS) – The NYSE ended the session with Tenet Healthcare rising 11.16% to $64.63 on Saturday, following the last session’s downward trend. NYSE rose 0.59% to $15,809.74, following the last session’s downward trend on what was a somewhat bullish trend trading session today.
Tenet Healthcare’s last close was $58.14, 31.92% below its 52-week high of $85.40.
About Tenet Healthcare
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates through three segments: Hospital Operations, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Further, the company offers end-to-end and focused-point business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Tenet Healthcare has a trailing twelve months EPS of $4.38.
PE Ratio
Tenet Healthcare has a trailing twelve months price to earnings ratio of 14.76. Meaning, the purchaser of the share is investing $14.76 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.15%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Tenet Healthcare’s stock is considered to be oversold (<=20).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 12, 2000, the estimated forward annual dividend yield is 2.03%.
Yearly Top and Bottom Value
Tenet Healthcare’s stock is valued at $64.63 at 02:04 EST, way below its 52-week high of $85.40 and way above its 52-week low of $40.39.
More news about Tenet Healthcare (THC).
