Viemed Healthcare (TSE:VMD) Trading 2.9% Higher – Here’s Why

Viemed Healthcare, Inc. (TSE:VMDGet Free Report) shares were up 2.9% on Monday . The stock traded as high as C$10.47 and last traded at C$10.45. Approximately 22,188 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 33,804 shares. The stock had previously closed at C$10.16.

Viemed Healthcare Price Performance

The firm has a 50 day simple moving average of C$10.45. The company has a market cap of C$402.22 million, a price-to-earnings ratio of 32.66 and a beta of 1.19. The company has a current ratio of 1.14, a quick ratio of 1.78 and a debt-to-equity ratio of 10.02.

About Viemed Healthcare

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Viemed Healthcare, Inc, through its subsidiaries, provides in-home durable medical equipment (DME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.

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