Catasys, Inc. (NASDAQ:CATS) shares hit a new 52-week high and low during trading on Thursday . The company traded as low as $7.64 and last traded at $7.75, with a volume of 1272 shares changing hands. The stock had previously closed at $7.39.
A number of research analysts recently commented on the stock. ValuEngine upgraded shares of Catasys from a “hold” rating to a “buy” rating in a research note on Friday, June 1st. Zacks Investment Research lowered shares of Catasys from a “hold” rating to a “strong sell” rating in a research note on Friday, April 20th.
The company has a market cap of $113.46 million, a P/E ratio of -8.85 and a beta of 0.32.
An institutional investor recently bought a new position in Catasys stock. Weber Alan W acquired a new stake in Catasys, Inc. (NASDAQ:CATS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 108,165 shares of the company’s stock, valued at approximately $406,000. Weber Alan W owned 0.68% of Catasys as of its most recent SEC filing. 4.75% of the stock is owned by institutional investors and hedge funds.
Catasys Company Profile
Catasys, Inc provides big data predictive analytics, artificial intelligence and telehealth, combined with human intervention services to health plans and other third party payors. It offers OnTrak solution to improve treatment outcomes and lower the utilization of medical and behavioral health plan services.
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