Enhabit (NYSE:EHAB) Hits New 12-Month Low at $13.50 – Defense World

Posted by on Aug 4th, 2022
Enhabit, Inc. (NYSE:EHABGet Rating)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $13.50 and last traded at $15.89, with a volume of 15662 shares traded. The stock had previously closed at $17.97.
Separately, Bank of America began coverage on shares of Enhabit in a research report on Wednesday, July 13th. They set an “underperform” rating and a $16.00 target price for the company.
An institutional investor recently bought a new position in Enhabit stock. Strs Ohio acquired a new position in shares of Enhabit, Inc. (NYSE:EHABGet Rating) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 142,052 shares of the company’s stock, valued at approximately $3,262,000. Strs Ohio owned about 0.28% of Enhabit as of its most recent SEC filing.

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Enhabit, Inc provides home health and hospice services in the United States. Its home health services include patient education, pain management, wound care and dressing changes, cardiac rehabilitation, infusion therapy, pharmaceutical administration, and skilled observation and assessment services; practices to treat chronic diseases and conditions, including diabetes, hypertension, arthritis, Alzheimer's disease, low vision, spinal stenosis, Parkinson's disease, osteoporosis, complex wound care and chronic pain, along with disease-specific plans for patients with diabetes, congestive heart failure, post-orthopedic surgery, or injury and respiratory diseases; and physical, occupational and speech therapists provide therapy services.

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