HMS Holdings Corp. (NASDAQ:HMSY)
CAPS Rating:
The Company provides a variety of cost avoidance, coordination of benefits, and program integrity services to government healthcare programs.
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The Company provides a variety of cost avoidance, coordination of benefits, and program integrity services to government healthcare programs.
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The stock carries a strong analyst rating, and recently broke out past its recent resistance point of $32, after two weeks of consolidation in the $31 to $32 range. Wednesday's high volume buying that drove the stock past $32 to $33.63, before its closing at $33.13, suggests buying pressure strong enough to continue driving the stock forward.