Civitas Solutions, Inc. CIVI was a big mover last session, as the company saw its shares climb over 8% on the day. Shares gained after the company reported year-over-year increases in both earnings and revenues in the fourth quarter of fiscal 2015. The news led to far more shares changing hands than in a normal session resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $24.86 to $27.58 in the past one-month time frame.
None of the estimates for this medical services stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Civitas Solutions currently carries a Zacks Rank #3 (Hold).
A better-ranked stock in the same industry is Air Methods Corp. AIRM, sporting a Zacks Rank #1 (Strong Buy).
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