The firm’s examination seeks to determine, amid other things, whether the Firm’s Bodfailed to satisfy their duties to shareholders, comprising whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Firm’s shares of ordinary stock. Finally, Schwab Charles Investment Management Inc. increased its position in shares of WebMD Health Corp.by 0.3% in the second quarter.
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The companies 50 day moving average is 54.61 and its 200 day moving average is 59.53. Post opening the session at $52.54, the shares hit an intraday low of $51.83 and an intraday high of $52.71 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red. Market capitalisation for NASDAQ:WBMD is $1,890,386,268.00 Dollars.
WBMD has been the topic of a number of other reports.
05/12/2016 – WebMD Health Corp was upgraded to “buy” by analysts at SunTrust. Under the repurchase program, WebMD may repurchase shares of its Common Stock from time to time in the open market, through block trades or in private transactions, depending on market conditions and other factors. (NASDAQ:WBMD) last released its quarterly earnings results on Monday, August 8th. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 2.6%. At present, 0 analysts recommended Selling these shares while 4 recommended Hold, according to FactSet data.
These analysts also forecasted Growth Estimates for the Current Quarter for WBMD to be 21.9%. The company’s revenue for the quarter was up 13.0% on a year-over-year basis.
WebMD Health has 37,534,000 shares which are now outstanding with a price of 48.3 calculating WebMD Health’s market capitalisation to 1.81B Dollars. The Company offers related mobile applications, which are included in The WebMD Health Network.
Institutional investors have recently modified their holdings of the company. State Street Corp boosted its position in shares of WebMD Health Corp.by 1.4% in the first quarter.
04/12/2016 – WebMD Health Corp had its “neutral” rating reiterated by analysts at Citigroup. Schwab Charles Investment Management Inc. now owns 180,150 shares of the company’s stock worth $10,469,000 after buying an additional 607 shares during the period.
Before he was appointed president, New York-based Zatz served as WebMD’s executive vice president of professional services, where he was responsible for Medscape, a medical news site for physicians and other healthcare professionals.
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In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for WebMD Health Corp as 169.96 Million.
