Catasys Inc. (CATS) Stock Rating Upgraded by Zacks Investment Research

Catasys Inc. (OTCMKTS:CATS) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Monday.

According to Zacks, “Catasys, Inc., formerly known as Hythiam, Inc., provides specialized behavioral health management services to health plans, employers and unions through a network of licensed and company managed health care providers. The Company’s program seeks to improve member health by delivering medical and psychosocial interventions in combination with long term care coaching, including their proprietary treatment program for alcoholism and stimulant dependence. Catasys, Inc. is based in Los Angeles. “

Catasys (OTCMKTS:CATS) opened at 0.89 on Monday. The firm’s market cap is $49.00 million. Catasys has a 52-week low of $0.25 and a 52-week high of $1.55. The company’s 50-day moving average price is $1.23 and its 200-day moving average price is $0.83.

Catasys (OTCMKTS:CATS) last released its quarterly earnings results on Tuesday, August 16th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.02. Analysts predict that Catasys will post ($0.12) EPS for the current year.

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