Zacks Investment Research upgraded AAC Holdings Inc (NYSE:AAC) to Hold in a report released today.
- Updated: October 17, 2016
Zacks Investment Research has upgraded AAC Holdings Inc (NYSE:AAC) to Hold in a report released on 10/17/2016.
Just yesterday AAC Holdings Inc (NYSE:AAC) traded -1.11% lower at $16.92. AAC Holdings Inc’s 50-day moving average is $17.91 and its 200-day moving average is $19.82. The last closing price is down -14.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 119,386 shares of AAC traded hands, down from an average trading volume of 166,791
Recent Performance Chart
AAC Holdings Inc has 52 week low of $14.36 and a 52 week high of $28.59 with a PE ratio of 92.97 and has a market capitalization of $0.
Brief Synopsis On AAC Holdings Inc (NYSE:AAC)
AAC Holdings, Inc. is a provider of inpatient and outpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company performs drug testing and diagnostics laboratory services and provides physician services to its clients. As of June 30, 2016, the Company operated 12 residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across 1,139 beds, which includes 636 licensed detoxification beds, and 18 standalone outpatient centers. In addition, the Company focuses on expanding The Oxford Centre facility. As of June 30, 2016, the Company's capacity at its Forterus treatment facility was 14 beds. The Company is engaged in deploying research-based treatment programs with structured curricula for detoxification, residential treatment, partial hospitalization and intensive outpatient care. The Company is also an Internet marketer in the addiction treatment industry.
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