Shares in Value Logo
Product Review Img Vertical

Date : 26/02/2021

Why are Healthia (ASX:HLA) shares up, today?

Healthia (ASX: HLA) is a holding company engaged in the operation and expansion of podiatry and physiotherapy clinics, and Business-to-Business businesses in Australia. It also intends in identifying, acquiring and integrating new clinics and organically growing its portfolio of clinics and other allied health businesses. It operates through the Physiotherapy and Podiatry segments. The Physiotherapy segment includes the extended rehabilitation clinics. The Podiatry segment covers iOrthotics and D.B.S. Medical.

The company delivered impressive growth in organic revenue and underlying earnings in comparison to the prior period. It reported underlying revenue of A$61.5 million, representing a growth of 39% and the organic revenue growth stood at 14.5%.

Healthia shares were rather flat after the crash in March 2020. However, since November, the share price has been slowly climbing. Today’s 8% surge on the back of a positive result takes the shares to $1.76 at market close – demanding a market cap of $135 million. The performance in the last 6 months has been 87% and 36% in the year-to-date. This performance is better than most of the top ASX healthcare stocks during the period.

Looking for Growth Stocks?

Growth stocks are potentially one of the hardest to pick as there are a lot of factors that need to be considered – from industry tailwinds to financial health of the individual stocks, and a lot of little things in between them. Shares in Value research team have picked their top 3 ASX stocks to buy in 2021. Click here to download the report for free.

 

Are You Looking To Buy The Best Stocks In 2021?

Stay on top of upcoming market trends. Whether you are a SMSF investor or a young investor we cover a wide range of stocks across all sectors including finance, industrials , real estate , technology, health and biotech etc to give you an edge to invest and trade with an advantage in the ASX listed stocks across large , mid and small caps.

Get stock tips with our Market Experts. We help self-directed investors and self-managed super funds (SMSF) make smarter investment decisions and get better returns. Fill in your details and download your free Report instantly for Top 3 Dividend Stocks to buy in 2021!

 

I want a Walkthrough

Our specialists are available at any time to provide you with further insight and advice.
Scroll to Top

Login

By submitting this form, I agree to the TERMS AND CONDITIONS and PRIVATE POLICY