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Today’s Research Reports on Trending Tickers: Acadia Healthcare and Spark Therapeutics

NEW YORK, NY / ACCESSWIRE / February 23, 2018 / U.S. equities recovered on Thursday with the Dow Jones and S&P 500 closing in the green. The Federal Reserve released minutes from their Wednesday meeting that suggested a higher possibility of an interest rate hike. The Dow Jones Industrial Average settled to close at 24,962.48, up by 0.66 percent, while the S&P 500 Index gained 0.10 percent to close at 2,703.96. The Nasdaq Composite Index fell 0.11 percent to close at 7,210.09.

“We’re seeing a repricing of risk, given the anticipation of inflation and higher rates, but some of that is a byproduct of an improving economy, one that’s growing faster than normal. In general, the broader economic conditions continue to improve,” said Steven Baffico, chief executive officer at Four Wood Capital Partners.

RDI Initiates Coverage on:

Acadia Healthcare Company, Inc.
https://rdinvesting.com/news/?ticker=ACHC

Spark Therapeutics, Inc.
https://rdinvesting.com/news/?ticker=ONCE

Acadia Healthcare’s stock jumped 8.14% Thursday, to close the day at $39.18. The stock recorded a trading volume of 2,693,661 shares, which was above its three months average volume of 1,270,665 shares on better than expected earnings. The company reported fourth quarter adjusted EPS of 61 cents, 11% higher than the EPS estimated by the street. In the last year, Acadia Healthcare’s shares have traded in a range of 26.92 – 54.34. The share price has gained 45.54% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $34.16 is below its 200-day moving average of $38.25. Shares of the company are trading at a trailing Price to Earnings ratio of 19.82. Shares of Acadia Healthcare have gained roughly 14.46 percent in the past month and are up 20.07 percent year-to-date.

Access RDI’s Acadia Healthcare Company, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ACHC

On Thursday, shares of Spark Therapeutics recorded a trading volume of 1,094,021 shares, which was below the three months average volume of 1,102,872 shares. The stock ended the day 5.55% higher at 54.19. The share price has gained 31.98% from its 52-week low with a 52-week trading range of 41.06 – 91.75. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $54.03 is below its 200-day moving average of $70.18. Shares of Spark Therapeutics have fallen roughly 5.51 percent in the past month and are up 5.39 percent year-to-date.

Access RDI’s Spark Therapeutics, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ONCE

Our Actionable Research on Acadia Healthcare Company, Inc. (NASDAQ:ACHC) and Spark Therapeutics, Inc. (NASDAQ:ONCE) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com

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