Pennant Group Inc Partners with Kno2 to Enhance Home Healthcare Communication
| PNTG Stock | USD 26.54 0.08 0.30% |
Roughly 62% of Pennant's investor base is looking to short. The analysis of the overall prospects from investing in Pennant Group suggests that many traders are, at the present time, alarmed. The current market sentiment, together with Pennant's historical and current headlines, can help investors time the market. In addition, many technical investors use Pennant Group stock news signals to limit their universe of possible portfolio assets.
Pennant |
Summary Pennant Group Inc has announced a strategic partnership with Kno2, a leader in healthcare communication, to enhance patient care delivery in home
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Pennant Fundamental Analysis
We analyze Pennant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pennant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pennant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Debt To Equity
Debt To Equity Comparative Analysis
Pennant is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Pennant Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pennant stock to make a market-neutral strategy. Peer analysis of Pennant could also be used in its relative valuation, which is a method of valuing Pennant by comparing valuation metrics with similar companies.
Peers
Pennant Related Equities
| ACHC | Acadia Healthcare | 8.71 | ||||
| HCSG | Healthcare Services | 2.62 | ||||
| EHAB | Enhabit | 1.55 | ||||
| INNV | InnovAge Holding | 1.02 | ||||
| NHC | National HealthCare | 0.30 | ||||
| ADUS | Addus HomeCare | 0.27 | ||||
| ENSG | Ensign | 0.28 | ||||
| EHC | Encompass Health | 0.73 | ||||
| SGRY | Surgery Partners | 0.99 | ||||
| SEM | Select Medical | 2.08 | ||||
| MODV | ModivCare | 5.74 | ||||
| CCM | Concord Medical | 30.23 |
Complementary Tools for Pennant Stock analysis
When running Pennant's price analysis, check to measure Pennant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pennant is operating at the current time. Most of Pennant's value examination focuses on studying past and present price action to predict the probability of Pennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pennant's price. Additionally, you may evaluate how the addition of Pennant to your portfolios can decrease your overall portfolio volatility.
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