InnovAge (NASDAQ:INNV) Sees Strong Trading Volume

InnovAge Holding Corp. (NASDAQ:INNVGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 11,000 shares were traded during mid-day trading, a decline of 71% from the previous session’s volume of 37,382 shares.The stock last traded at $7.15 and had previously closed at $7.59.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut their price target on shares of InnovAge from $9.00 to $8.00 in a report on Wednesday, September 13th.

Read Our Latest Stock Report on InnovAge

InnovAge Price Performance

The company has a quick ratio of 1.57, a current ratio of 1.45 and a debt-to-equity ratio of 0.26.

About InnovAge

(Get Free Report)

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.

Featured Stories

Receive News & Ratings for InnovAge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InnovAge and related companies with's FREE daily email newsletter.