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Shares of Acadia Healthcare Has Risen Above Previous 52-Week High

By David Diaz

Shares of Acadia Healthcare (NASDAQ:ACHC) traded at a new 52-week high today of $53.14. Approximately 60,000 shares have changed hands today, as compared to an average 30-day volume of 416,000 shares.

Acadia Healthcare (NASDAQ:ACHC) is currently priced 5.6% above its average consensus analyst price target of $50.00. Acadia Healthcare shares have support at the 50-day moving average (MA) of $46.48 and additional support at the 200-day MA of $38.37.

Acadia Healthcare Company, Inc. engages in the provision of behavioral healthcare services in the United States. It operates acute inpatient psychiatric facilities that provide evaluation and crisis stabilization of patients with severe psychiatric diagnoses.

In the past 52 weeks, Acadia Healthcare share prices have been bracketed by a low of $24.18 and a high of $53.14 and are now at $52.95, 119% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.2%.

SmarTrend is tracking the current trend status for Acadia Healthcare and will alert subscribers who have ACHC in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows acadia healthcare

Ticker(s): ACHC