Shares of Acadia Healthcare Have Risen Above Previous 52-Week High

Published on Wed, 01/16/2013 - 15:08
By Peter Chu in 52 Week high-lows, ACHC, 52 week high/lows, acadia healthcare, nasdaq:achc

Acadia Healthcare (NASDAQ:ACHC) traded at a new 52-week high today of $25.85. So far today approximately 156,000 shares have been exchanged, as compared to an average 30-day volume of 535,000 shares.

There is potential upside of 5.2% for shares of Acadia Healthcare based on a current price of $25.85 and an average consensus analyst price target of $27.18. The stock should discover initial support at its 50-day moving average (MA) of $22.63 and subsequent support at its 200-day MA of $19.54.

Acadia Healthcare Company, Inc. engages in the provision of behavioral healthcare services in the United States. It operates acute inpatient psychiatric facilities that provide evaluation and crisis stabilization of patients with severe psychiatric diagnoses.

Acadia Healthcare share prices have moved between a 52-week high of $25.85 and a 52-week low of $14.40 and are now trading 80% above that low price at $25.85 per share. The 200-day and 50-day moving averages have moved 0.69% higher and 1.17% higher over the past week, respectively.

By Peter Chu
pchu@fnno.com

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