Hanger (OTCMKTS:HNGR) posted its quarterly earnings data on Thursday. The healthcare company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.02, Zacks reports. The company had revenue of $279.64 million for the quarter, compared to analyst estimates of $274.14 million.
OTCMKTS HNGR opened at $24.04 on Friday. Hanger has a 12 month low of $15.50 and a 12 month high of $25.00. The company’s 50 day simple moving average is $20.91 and its 200 day simple moving average is $19.37.
Separately, Zacks Investment Research lowered shares of Hanger from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st.
Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.
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