AmSurg Corp. (AMSG) was a big mover last session with its shares rising over 12% on the day. The upside was owing to the company’s revelation of stellar earnings and revenues in the second quarter of 2015. AmSurg also raised its financial guidance for full year 2015. In another development, the company announced expansion in the Tampa Bay area, with the acquisition of Bay Area Anesthesia. All these cumulatively led to far more shares changing hands yesterday than in a normal session. The move continues the recent uptrend of the company as the stock has gained nearly 17% in the past one-month time frame.
This provider of ambulatory and physician services in the United States has seen no estimate revision over the past 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
AmSurg currently has a Zacks Rank #1 (Strong Buy).
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