Wells Fargo reduces stake in SCA — 4 facts

During the fourth quarter, Wells Fargo reduced its stake in Surgical Care Affiliates by 9.6 percent, according to Financial Market News.

Here are four facts:

1. The firm owns nearly 0.23 percent of SCA, which is valued at nearly $3.3 million.

2. SCA has a 52-week high of $45.11 and a 52-week low of $27.88.

3. The market cap is $1.69 billion and P/E ratio is 14.98.

4. The company has a 50-day moving average of $41.53 and a 200-day moving average of $37.23.

More articles on surgery centers:
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5 trends expected in the healthcare M&A landscape in 2016

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