Shares of Chemed Corp. (NYSE:CHE) Sees Large Outflow of Money

link to source

Chemed Corp. (NYSE:CHE) surged 0.07% during the last session. The last traded price was up 0.09 points at $135.99. The data for the fund flow suggests that the net intraday money flow was $(-0.1) million. The fund value in upticks was recorded to be $0.04 million and in downticks, it was found to be $0.14 million. The up/down ratio for the day was measured to be 0.28. For the week, the shares have seen a percentage change of 0.07%.


Chemed Corp. has lost 5.45% in the last five trading days and dropped 6.12% in the last 4 weeks. Chemed Corp. is up 0.17% in the last 3-month period. Year-to-Date the stock performance stands at 24.49%.

Many analysts have commented on the company rating. Equity Analysts at the Oppenheimer maintains the rating on Chemed Corp. (NYSE:CHE). The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency raises the price target from $147 per share to $150 per share. The rating by the firm was issued on September 22, 2015.

Currently the company Insiders own 2.4% of Chemed Corp. Company shares. In the past six months, there is a change of -16.79% in the total insider ownership. During last 3 month period, -0.68% of total institutional ownership has changed in the company shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The officer (executive vice president & CFO), of Chemed Corp, Williams David Patrick had unloaded 10,000 shares at $138.09 per share in a transaction on August 24, 2015. The total value of transaction was $1,380,900. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Chemed Corp. (NYSE:CHE) witnessed a decline in the market cap on Monday as its shares dropped 3.72% or 5.05 points. After the session commenced at $135.6, the stock reached the higher end at $135.99 while it hit a low of $129.27. With the volume soaring to 168,568 shares, the last trade was called at $130.85. The company has a 52-week high of $153.98. The company has a market cap of $2,214 million and there are 16,919,000 shares in outstanding. The 52-week low of the share price is $97.85.

Chemed Corporation (Chemed) purchases, operates and divests subsidiaries engaged in diverse business activities. During the year ended December 31, 2012, Chemed operated in two segments: the Vitas segment (Vitas) and the Roto-Rooter segment (Roto-Rooter). Vitas Healthcare Corporation focuses on hospice care, which helps make terminally ill patients final days as comfortable as possible. Through its team of doctors, nurses, home health aides, social workers, clergy and volunteers, VITAS provides direct medical services to patients, as well as spiritual and emotional counseling to both patients and their families. Roto-Rooter provides plumbing and drain cleaning services to both residential and commercial customers. Its VITAS Healthcare Corporation (VITAS) subsidiary has acquired the operating assets of Houston-based Solari Hospice Care, effective April 1, 2013.