Stock Mover of The Day: After Today’s Huge Decline, Is Alliance HealthCare Services, Inc.’s Near-Term Analysis Negative?

Stock Mover of The Day: After Today's Huge Decline, Is Alliance HealthCare Services, Inc.'s Near Term Analysis Negative?

The stock of Alliance HealthCare Services, Inc. (NASDAQ:AIQ) is a huge mover today! About 68,313 shares traded hands or 231.21% up from the average. Alliance HealthCare Services, Inc. (NASDAQ:AIQ) has risen 23.06% since April 4, 2016 and is uptrending. It has outperformed by 21.96% the S&P500.
The move comes after 8 months negative chart setup for the $82.69M company. It was reported on Nov, 4 by Barchart.com. We have $6.85 PT which if reached, will make NASDAQ:AIQ worth $9.10 million less.

According to Zacks Investment Research, “Alliance Healthcare Services, Inc., formerly Alliance Imaging, Inc., together with its subsidiaries, provides shared-service and fixed-site diagnostic imaging services and is the largest provider of advanced outpatient diagnostic imaging services in the United States. It offers magnetic resonance imaging (MRI), and positron emission tomography (PET) and positron emission tomography/computed tomography (PET and PET/CT) services through its Alliance Imaging division and radiation therapy services through its Alliance Oncology division. It also offers ancillary services, including marketing support, education, training, and billing assistance. The company provides imaging and therapeutic services primarily to hospitals and other healthcare providers on a shared-service and full-time service basis. It also operates radiation therapy centers that provide state-of-the-art treatment and care for cancer patients.”

Insitutional Activity: The institutional sentiment decreased to 0.52 in Q2 2016. Its down 0.17, from 0.69 in 2016Q1. The ratio dived, as 15 funds sold all Alliance HealthCare Services, Inc. shares owned while 18 reduced positions. 4 funds bought stakes while 13 increased positions. They now own 2.83 million shares or 16.84% less from 3.40 million shares in 2016Q1.
Renaissance Technology Limited Com last reported 0.01% of its portfolio in the stock. Blackrock Invest Management Limited Liability Company reported 783 shares or 0% of all its holdings. Blackrock Institutional Trust Na has 326,828 shares for 0% of their US portfolio. Blackrock Japan Limited has 0% invested in the company for 1,911 shares. The Illinois-based Northern Tru Corp has invested 0% in Alliance HealthCare Services, Inc. (NASDAQ:AIQ). Manufacturers Life Insur The has invested 0% of its portfolio in Alliance HealthCare Services, Inc. (NASDAQ:AIQ). Barclays Public Limited Company has 95 shares for 0% of their US portfolio. Clarivest Asset Mngmt Ltd Liability Corporation, a California-based fund reported 14,004 shares. Blackrock owns 1,606 shares or 0% of their US portfolio. Bridgeway Mngmt Inc owns 29,200 shares or 0% of their US portfolio. Blackrock Fund Advisors has 13,194 shares for 0% of their US portfolio. Moreover, Morgan Stanley has 0% invested in Alliance HealthCare Services, Inc. (NASDAQ:AIQ) for 24,384 shares. Commercial Bank Of America De owns 8,119 shares or 0% of their US portfolio. Citigroup reported 1,709 shares or 0% of all its holdings. Susquehanna Llp holds 0% of its portfolio in Alliance HealthCare Services, Inc. (NASDAQ:AIQ) for 12,630 shares.

Insider Transactions: Since May 10, 2016, the stock had 5 buys, and 0 sales for $130,890 net activity. $54,580 worth of Alliance HealthCare Services, Inc. (NASDAQ:AIQ) shares were bought by Tomlinson Percy C Jr. $19,825 worth of Alliance HealthCare Services, Inc. (NASDAQ:AIQ) was bought by JOHNS RICHARD W on Monday, May 16. On Thursday, May 19 the insider LONGMORE-GRUND RHONDA A bought $18,975.

More notable recent Alliance HealthCare Services, Inc. (NASDAQ:AIQ) news were published by: Businesswire.com which released: “Alliance HealthCare Services Reports Results for the Third Quarter Ended …” on November 03, 2016, also Businesswire.com with their article: “Alliance HealthCare Services Announces Partnership with Signature Healthcare …” published on November 02, 2016, Businesswire.com published: “Alliance HealthCare Services Announces Rhonda Longmore-Grund to Assume Chief …” on February 17, 2016. More interesting news about Alliance HealthCare Services, Inc. (NASDAQ:AIQ) were released by: Businesswire.com and their article: “Fujian Thai Hot Investment Completes Purchase of a Majority Interest in …” published on March 29, 2016 as well as Blogs.Wsj.com‘s news article titled: “CFO Moves: Hhgregg, Alliance Healthcare Services” with publication date: February 18, 2016.

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