Almost Family Inc. (AFAM) Stock Price Climbs on Amazing Business Results
This small-capital member of the Healthcare Facilities industry from Louisville, KY has got its business model just right. Profits during the Most Recent Quarter, one of the most difficult periods in recent times for most stocks, have grown by 47%. Interestingly, gross revenues have grown by just about 20% during this period. The implied Gross Margin improvement can only be because patients and their families value the home-nursing and assisted living services very highly. The company serves Florida, Massachusetts, Connecticut, Ohio, and Illinois, apart from Kentucky. It is also present in Alabama and Missouri. Visiting nurse facilities are recognized by…