Price Action To Observe: Everyday Health Inc Can’t Burn Your Long Portfolio. Just Reaches 52-Week High

Price Action To Observe: Everyday Health Inc Can't Burn Your Long Portfolio. Just Reaches 52 Week High

The stock of Everyday Health Inc (NYSE:EVDY) hit a new 52-week high and has $11.03 target or 5.00% above today’s $10.50 share price. The 9 months bullish chart indicates low risk for the $354.76M company. The 1-year high was reported on Nov, 28 by If the $11.03 price target is reached, the company will be worth $17.74M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock last traded at $10.5 per share. It is down 85.19% since April 25, 2016 and is uptrending. It has outperformed by 79.17% the S&P500.

Everyday Health Inc (NYSE:EVDY) Ratings Coverage

Out of 7 analysts covering Everyday Health (NYSE:EVDY), 1 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 14% are positive. Everyday Health has been the topic of 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, January 7. The company was initiated on Wednesday, September 16 by Cowen & Co. As per Wednesday, November 11, the company rating was maintained by Stifel Nicolaus. The stock of Everyday Health Inc (NYSE:EVDY) has “Hold” rating given on Monday, October 24 by SunTrust. The stock has “Outperform” rating given by Credit Suisse on Wednesday, August 12. The company was upgraded on Wednesday, November 4 by Stifel Nicolaus. Leerink Swann downgraded Everyday Health Inc (NYSE:EVDY) on Monday, October 24 to “Mkt Perform” rating. The rating was downgraded by Suntrust Robinson to “Hold” on Monday, October 24. As per Monday, October 24, the company rating was downgraded by Credit Suisse.

According to Zacks Investment Research, “Everyday Health, Inc. is a provider of digital health and wellness solutions. The Company’s portfolio of properties consists of websites, mobile applications, YouTube shows, social media destinations. Consumers use its content, interactive tools and mobile applications to manage a broad array of health and wellness needs on a daily basis, including weight loss, exercise, healthy pregnancy, diet and nutrition and medical conditions. It serves patients throughout the United States. Everyday Health, Inc. is headquartered in New York.”

More important recent Everyday Health Inc (NYSE:EVDY) news were published by: which released: “Exclusive: Digital media company Everyday Health explores sale – sources” on October 20, 2016, also published article titled: “Everyday Health to Host Analyst and Investor Day on September 15, 2016”, published: “Harwood Feffer LLP Announces Investigation of Everyday Health, Inc.” on October 24, 2016. More interesting news about Everyday Health Inc (NYSE:EVDY) was released by: and their article: “Everyday Health: One Sick Puppy” with publication date: August 15, 2016.

EVDY Company Profile

Everyday Health, Inc., formerly Waterfront Media Inc., incorporated on January 31, 2002, operates a digital marketing and communications platform for healthcare marketers that want to engage with clients and healthcare professionals. The Company’s platform combines content from brands, data and analytics. The Company’s segment is providing digital health marketing and communications solutions. The Firm draws engaged audience of clients and healthcare professionals to its health content across multiple channels, including the Web, mobile devices, video and social media, and utilizes its data and analytics to deliver personalized user experiences. The combination of its audience, content and data assets also creates a health engagement platform that it monetizes through marketing and engagement solutions that address the varied business needs of constituencies across the health and wellness landscape.

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