AAC Holdings Inc (NYSE:AAC) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 5, 2016
Zacks Investment Research has downgraded AAC Holdings Inc (NYSE:AAC) to Strong Sell in a statement released on 10/05/2016.
On 8/15/2016, Raymond James Financial Inc. reported on AAC Holdings Inc (NYSE:AAC) raised the target price from $0.00 to $29.00. At the time, this indicated a possible upside of 0.63%.
Having a price of $17.24, AAC Holdings Inc (NYSE:AAC) traded -0.63% lower on the day. The last closing price is down -13.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. AAC Holdings Inc has recorded a 50-day average of $18.16 and a two hundred day average of $19.94. Volume of trade was down over the average, with 155,812 shares of AAC changing hands under the typical 161,482
Recent Performance Chart
AAC Holdings Inc has PE ratio of 94.73 with a one year low of $14.36 and a one year high of $28.72 and has a market capitalization of $0.
General Information About AAC Holdings Inc (NYSE:AAC)
AAC Holdings, Inc. is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company operates through substance abuse/behavioral healthcare treatment services segment. The Company operates approximately nine residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across approximately 900 beds, which includes approximately 480 licensed detoxification beds. It also operates approximately nine standalone outpatient centers. The Company is also an Internet marketer in the addiction treatment industry. The Company offers various types of therapy, which include motivational interviewing, cognitive behavioral therapy, rational emotive behavior therapy, dialectical behavioral therapy, solution-focused therapy, seeking safety, eye movement desensitization and reprocessing, and systematic family intervention.
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