Viemed Healthcare (CVE:VMD – Get Free Report)’s share price fell 2% during mid-day trading on Tuesday. The stock traded as low as C$4.84 and last traded at C$4.95. 91,383 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 197,608 shares. The stock had previously closed at C$5.05.
Viemed Healthcare Trading Down 2.0%
The stock has a 50-day moving average price of C$4.95 and a 200 day moving average price of C$4.95.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Viemed Healthcare stock. Summit Global Investments purchased a new stake in Viemed Healthcare (CVE:VMD – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 36,109 shares of the company’s stock, valued at approximately $412,000. Summit Global Investments owned 0.10% of Viemed Healthcare as of its most recent SEC filing.
About Viemed Healthcare
Viemed Healthcare, Inc, through its subsidiaries, provides in-home health care solutions in the United States. It offers respiratory services and related equipment, including non-invasive ventilators, positive airway pressure machines, and oxygen units, as well as services of respiratory therapists. The company also provides in-home sleep apnea testing to determine the existence of sleep apnea at home. In addition, it leases equipment, including non-invasive ventilators, bi-level devices and CPaP, percussion vests, and various supplies and peripheral equipment, as well as sells medical equipment and patient monitoring services.
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