Foundation Healthcare Inc. (OTCMKTS:FDNH) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “GRAYMARK HEALTHCARE INC. is a diversified medical holding company that owns and operates;Independent Pharmacies that serve the needs of local markets, Diagnostic Sleep Centers that treat a wide range of sleep disorders, and a Medical Equipment Company that provides both disposable and durable medical equipment. Graymark plans to continue its growth both internally and through strategic acquisitions within the medical industry. “

Shares of Foundation Healthcare (OTCMKTS:FDNH) traded down 6.67% on Tuesday, hitting $1.40. The company’s stock had a trading volume of 9,450 shares. The stock’s 50 day moving average is $1.50 and its 200-day moving average is $2.32. The company’s market cap is $25.31 million. Foundation Healthcare has a 52 week low of $0.88 and a 52 week high of $5.23.

Foundation Healthcare (OTCMKTS:FDNH) last posted its quarterly earnings data on Monday, August 15th. The company reported ($0.54) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.05) by $0.49. On average, equities research analysts anticipate that Foundation Healthcare will post ($0.75) earnings per share for the current year.

About Foundation Healthcare

Foundation Healthcare, Inc owns and manages facilities, which operate in the specialized surgical segment of the healthcare industry. The Company’s network consists of approximately four surgical hospitals, nine ambulatory surgical centers (ASCs) and a hospital outpatient department (HOPD) in over six states throughout the United States.

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