Hanger (OTCMKTS:HNGR) issued its quarterly earnings data on Thursday. The healthcare company reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.01, Morningstar.com reports. The business had revenue of $262.95 million during the quarter, compared to analyst estimates of $260.07 million.
OTCMKTS:HNGR traded up $1.05 during trading hours on Friday, reaching $20.00. 1,495,438 shares of the stock were exchanged, compared to its average volume of 103,468. Hanger has a twelve month low of $11.55 and a twelve month high of $24.50.
Several brokerages recently issued reports on HNGR. TheStreet lowered Hanger from a “c” rating to a “d” rating in a research report on Wednesday, October 31st. Zacks Investment Research raised Hanger from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, ValuEngine downgraded Hanger from a “buy” rating to a “hold” rating in a research report on Monday, August 13th.
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Hanger Company Profile
Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.
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