Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) shares dropped 6.3% on Thursday . The company traded as low as $0.13 and last traded at $0.15. Approximately 2,068,361 shares traded hands during mid-day trading, an increase of 559% from the average daily volume of 313,627 shares. The stock had previously closed at $0.16.

A hedge fund recently raised its stake in Nobilis Health stock. Weber Alan W grew its holdings in Nobilis Health Corp (NYSEAMERICAN:HLTH) (TSE:NHC) by 20.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 590,721 shares of the healthcare company’s stock after buying an additional 100,000 shares during the period. Weber Alan W owned 0.75% of Nobilis Health worth $248,000 at the end of the most recent quarter.

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About Nobilis Health (NYSEAMERICAN:HLTH)

Nobilis Health Corp. owns and manages ambulatory surgical centers (ASCs), and acute-care and surgical hospitals in the United States. It operates through two segments, Medical Services and Marketing. The company's healthcare facilities provides surgical procedures in various clinical specialties, including orthopedic surgery, podiatric, vein and vascular, pain management, gastro- intestinal, gynecology, and general, as well as ear, nose, and throat.

Further Reading: Debt-To-Equity Ratio

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