Cotiviti Holdings Inc (NASDAQ:COTV) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 16, 2016
Having a price of $33.84, Cotiviti Holdings Inc (NASDAQ:COTV) traded -0.18% lower on the day. The last closing price is up 27.71% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Cotiviti Holdings Inc has recorded a 50-day average of $32.56 and a two hundred day average of $26.35. 75,167 shares of the stock were exchanged, down from an average trading volume of 272,083
Zacks Investment Research has downgraded Cotiviti Holdings Inc (NASDAQ:COTV) to Hold in a statement released on Tuesday October 11, 2016.
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With a total market value of $0, Cotiviti Holdings Inc has 52 week low of $17.00 and a 52 week high of $35.54 with a P/E ratio of 126.50 .
In addition to Zacks Investment Research reporting its stock price target, a total of 6 brokers have issued a report on the stock. The consensus target price is $24.17 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Cotiviti Holdings Inc (NASDAQ:COTV)
Cotiviti Holdings, Inc. is a provider of analytics-driven payment accuracy solutions. The Company is focused primarily on the healthcare sector. The Company's integrated solutions help clients manage payment accuracy in healthcare environment. The Company operates in two segments: Healthcare, and Global Retail and Other. The Company, through its Healthcare segment, offers prospective and retrospective claims accuracy solutions to healthcare payers in the United States. The Company also provides analytics-based solutions unrelated to its healthcare payment accuracy solutions in the United States. The Company, through its Global Retail and Other segment, provides retrospective claims accuracy solutions to retailers primarily in the United States, Canada and the United Kingdom, as well as solutions that manages payment networks for a range of clients. The Company offers solutions, such as prospective claims accuracy solutions, retrospective claims accuracy solutions and other services.
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