Guardian Pharmacy Services (NYSE:GRDN) Trading Down 5.1% – Should You Sell?

Guardian Pharmacy Services, Inc. (NYSE:GRDNGet Free Report) shares dropped 5.1% during mid-day trading on Monday . The stock traded as low as $21.00 and last traded at $21.71. Approximately 41,175 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 154,192 shares. The stock had previously closed at $22.87.

Wall Street Analysts Forecast Growth

Separately, Truist Financial raised their target price on shares of Guardian Pharmacy Services from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, April 11th.

Check Out Our Latest Report on Guardian Pharmacy Services

Guardian Pharmacy Services Stock Performance

The business has a 50 day moving average price of $20.45 and a 200-day moving average price of $20.68.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. R Squared Ltd acquired a new position in shares of Guardian Pharmacy Services during the 4th quarter worth $30,000. Investment Research & Advisory Group Inc. acquired a new position in Guardian Pharmacy Services during the fourth quarter worth about $34,000. BNP Paribas Financial Markets purchased a new position in Guardian Pharmacy Services in the fourth quarter valued at about $37,000. Compass Financial Services Inc purchased a new stake in shares of Guardian Pharmacy Services during the 4th quarter worth approximately $58,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Guardian Pharmacy Services during the 4th quarter worth approximately $77,000.

Guardian Pharmacy Services Company Profile

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Guardian Pharmacy Services, Inc, a pharmacy service company, provides a suite of technology-enabled services designed to help residents of long-term health care facilities (LTCFs) in the United States. Its individualized clinical, drug dispensing, and administration capabilities are used to serve the needs of residents in lower acuity LTCFs, such as assisted living facilities and behavioral health facilities and group homes.

Further Reading

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