SCA receives ‘sell’ rating — 4 notes

Zacks analysts downgraded Surgical Care Affiliates from a “hold” rating to a “sell” rating, according to Voice Chronicle.

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Here are four notes:

1. On Monday, SCA shares traded up nearly 9.5 percent, reaching $32.42.

2. The stock has a 50-day moving average of $32.83 and a 200-day moving average of $36.64.

3. The shares have a 12-month low of $27.88 and a 12-month high of $40.99.

4. JPMorgan gave the shares a “neutral” rating on Sept. 16.

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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