Yesterday, The Bowser Report issued a daily mover alert on
InfuSystem Holdings, Inc. (INFU), which gained more than 10 percent for the
day.
INFU gained after seeing it’s fourth highest relative volume
day all year. The stock has not seen this large of a gain in quite awhile and
it seems to finally be reacting to the recent infusion pump acquisition PR. The
company announced on Friday that its subsidiary, InfuSystem Inc., has reached
an agreement for the acquisition of the 400 infusion pumps of InfusAID, LLC.
INFU currently has a Bowser Rating of 8 and will not change
due to an overall asset increase. However, this is still a great step forward
for INFU as the company takes a grab at more market share. The stock is trading
above $3.00 so we do not recommend taking a position. The long-term debt of the
company isn’t all that worrisome at the moment since it constantly reassures
shareholders that it is expanding. We are watching INFU for a key break of it’s
resistance zone of $3.60-$3.75 prior to making any large price swings. Expect
continued volatility if volume remains consistently high.
To learn more about The Bowser Report, visit
https://thebowserreport.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment