HMS price action contradicts bullish views

|About: HMS Holdings Corp (HMSY)|By:, SA News Editor

Shares of HMS Holdings (HMSY -11.1%) continue their southward march today on higher volume. Prices are down almost 60% from the August 15, 2012 peak of $37.19.

Quarterly sales and earnings growth have been in a general decline for a year.

393 mutual funds have positions, down from 434 a year earlier.

In spite of the bearish behavior, six of nine analysts (Yahoo Finance) rate the stock at least Buy. Three rate it Hold.