TwinTrader.com announces the publication of Breakout for EMS; highlighting public companies on the move and what’s behind the surge.
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“Emergency Medical Services Corp., through its subsidiaries, provides emergency medical services in the United States. It operates in two segments, American Medical Response (AMR) and EmCare. The AMR segment provides various emergency and non-emergency ambulance transport and related services, including emergency response services; non-emergency transport services, such as inter-facility critical care transport, wheelchair and stretcher-car transports…The EmCare segment provides outsourced emergency department staffing and related management services to healthcare facilities…
“On July 28, 2008, Emergency Medical Services Corp. announced an agreement in which it will become a national provider of hospital-based physician services, as well as ground and fixed-wing air ambulance transportation services to Universal Health Services Inc. facilities…
“A lot of good news has driven this stock to breakout. The 50-day moving average has turned up as the stock price has moved almost 50 percent in 4 weeks of trading. RSI shows the stock may be running out of steam, however. MACD is also showing an overbought condition...”
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