Nobilis Health (NYSEAMERICAN:HLTH) Shares Down 7.7%

Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC)’s share price dropped 7.7% during trading on Thursday . The stock traded as low as $0.12 and last traded at $0.12, approximately 893,047 shares traded hands during mid-day trading. A decline of 40% from the average daily volume of 1,480,413 shares. The stock had previously closed at $0.13.

An institutional investor recently raised its position in Nobilis Health stock. Vanguard Group Inc. lifted its holdings in shares of Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) by 1,982.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,575,708 shares of the healthcare company’s stock after buying an additional 1,500,044 shares during the quarter. Vanguard Group Inc. owned approximately 2.01% of Nobilis Health worth $228,000 as of its most recent SEC filing.

Nobilis Health Company Profile (NYSEAMERICAN:HLTH)

Nobilis Health Corp. owns and manages ambulatory surgical centers (ASCs), and acute-care and surgical hospitals in the United States. It operates through two segments, Medical Services and Marketing. The company's healthcare facilities provides surgical procedures in various clinical specialties, including orthopedic surgery, podiatric, vein and vascular, pain management, gastro- intestinal, gynecology, and general, as well as ear, nose, and throat.

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