No headlines found.
InnovAge Celebrates 35 Years of Transforming Senior Care
Globe Newswire (Thu, 12-Dec 8:00 AM ET)
InnovAge Announces Financial Results for the Fiscal First Quarter Ended September 30, 2024
Globe Newswire (Tue, 5-Nov 4:05 PM ET)
Globe Newswire (Mon, 4-Nov 8:00 AM ET)
Globe Newswire (Tue, 22-Oct 8:00 AM ET)
Globe Newswire (Fri, 11-Oct 8:00 AM ET)
InnovAge Holding Corp. Announces Increase of Share Repurchase Program
Globe Newswire (Thu, 26-Sep 8:00 AM ET)
Globe Newswire (Mon, 16-Sep 8:00 AM ET)
InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.
Innovage Holding Corp. trades on the NASDAQ stock market under the symbol INNV.
As of December 16, 2024, INNV stock price climbed to $4.48 with 31,846 million shares trading.
INNV has a beta of 0.67, meaning it tends to be less sensitive to market movements. INNV has a correlation of 0.03 to the broad based SPY ETF.
INNV has a market cap of $606.84 million. This is considered a Small Cap stock.
Last quarter Innovage Holding Corp. reported $205 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $2 million and met earnings estimates .
In the last 3 years, INNV traded as high as $8.58 and as low as $3.39.
The top ETF exchange traded funds that INNV belongs to (by Net Assets): VTI, VB, IWM, VBK, VXF.
INNV has underperformed the market in the last year with a price return of -20.8% while the SPY ETF gained +30.6%. INNV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -25.2% and -8.0%, respectively, while the SPY returned +8.4% and +0.8%, respectively.
INNV support price is $4.18 and resistance is $4.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INNV shares will trade within this expected range on the day.