CENTRIC HEALTH (TSE:CHH) Trading Down 6.7%

CENTRIC HEALTH Corp (TSE:CHH)’s share price dropped 6.7% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.14, approximately 135,967 shares were traded during trading. A decline of 15% from the average daily volume of 159,601 shares. The stock had previously closed at C$0.15.

Separately, Echelon Wealth Partners downgraded shares of CENTRIC HEALTH from a “buy” rating to a “hold” rating in a research report on Monday.

The firm has a market cap of $38.96 million and a P/E ratio of -0.77. The business’s 50-day moving average price is C$0.18.

About CENTRIC HEALTH (TSE:CHH)

Centric Health Corporation provides healthcare services to patients and customers in Canada. It operates through two segments, Specialty Pharmacy, and Surgical and Medical Centres. The Specialty Pharmacy segment provides traditional pharmacy services, such as compounding and dispensing medications, as well as clinical and specialty services for long term care and retirement communities.

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