Published On: Tue, Sep 20th, 2016

CRH Medical Corp (CRHM) Trading 4.8% Higher

CRH Medical Corp (NASDAQ:CRHM) shares traded up 4.8% on Monday . The stock traded as high as $3.97 and last traded at $3.94, with a volume of 52,899 shares changing hands. The stock had previously closed at $3.76.
Several research analysts have weighed in on the stock. Canaccord Genuity reissued a “buy” rating on shares of CRH Medical Corp in a report on Thursday, June 16th. Zacks Investment Research raised shares of CRH Medical Corp from a “hold” rating to a “buy” rating and set a $3.75 target price on the stock in a report on Monday, June 6th. Finally, CIBC reaffirmed an “outperform” rating on shares of CRH Medical Corp in a report on Tuesday, September 13th.
The company has a 50-day moving average of $3.71 and a 200 day moving average of $3.49.

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Several large investors have recently bought and sold shares of the company. Pacific Ridge Capital Partners LLC acquired a new stake in CRH Medical Corp during the second quarter valued at approximately $1,985,000. Bank of Montreal Can purchased a new position in CRH Medical Corp during the second quarter valued at $1,258,000. Hillsdale Investment Management Inc. purchased a new position in CRH Medical Corp during the second quarter valued at $3,661,000. Stifel Financial Corp purchased a new position in CRH Medical Corp during the second quarter valued at $3,051,000. Finally, Mackenzie Financial Corp purchased a new position in CRH Medical Corp during the second quarter valued at $1,899,000.
CRH Medical Corp Company Profile
CRH Medical Corporation, formerly Medsurge Medical Products Corp., is a healthcare products and services company. The Company operates through segments, including the sale of medical products and the provision of anesthesia services. The Company specializes in the treatment of hemorrhoids utilizing its treatment protocol and technology.

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