Wall Street PR

Gentiva Health Services Inc. (NASDAQ:GTIV) shares gained by 7.25%

Boston, MA 06/13/2013 (wallstreetpr) – The share prices of Gentiva Health Services Inc. (NASDAQ:GTIV) had surged by 7.25 percent to close at $11.54 per share for the end of last trading session on Wednesday. The shares of the company had been trading in the range of $10.78 to $11.69 per share during the day. The shares of Gentiva Health Services Inc. (NASDAQ:GTIV) had recorded 52 week low price level of $5.45 per share and 52 week high price level of $12.90 per share.

Gentiva Health Services Inc. (NASDAQ:GTIV) is primarily engaged in providing health care services to the patients at their homes. This company operates its business through two major segments namely the Home Health segment and the Hospice segment. The Home Health segment is involved in providing health care services to patients with infectious diseases at their homes through joint ventures with hospitals, clinical operations etc. The Hospice segment of Gentiva Health Services Inc. (NASDAQ:GTIV) is involved in providing health care to patients with acute illness.

Gentiva Health Services Inc. (NASDAQ:GTIV) serves its patients primarily through its centers located at 421 spots across 41 states of the country. The company had recently presented its achievements at the Jefferies Healthcare Conference, 2013 held in New York between June 03 and June 06, 2013. The shares of the health care services provider had recently been surging in prices with heavy trading volumes.

Gentiva Health Services Inc. (NASDAQ:GTIV) had witnessed the trade of 368,710 shares on Wednesday, while the average trading volume for the company is at 179,025 shares per day. The company presently holds 32.51 million shares outstanding in the market with an institutional ownership of 86 percent of its holdings.