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Air Methods Corporation (AIRM) provides air medical emergency transport services and systems in the United States.
It transports persons requiring intensive medical care from either the scene of accident or general care hospitals to highly skilled trauma centers or tertiary care centers.
The company operates through three segments: Community-Based Services, Hospital-Based Services, and United Rotorcraft. The Community-Based Services segment provides air medical transportation services, including aircraft operation and maintenance, medical care, dispatch and communications, and medical billing and collection services. This segment operates 201 helicopters and 15 fixed wing aircraft in 29 states.
The Hospital-Based Services segment offers air medical transportation services, and medically equipped helicopters and airplanes for hospitals. It operates 212 helicopters and 6 fixed wing aircraft in 34 states.
The United Rotorcraft segment designs, manufactures, installs, and certifies modular medical interiors, multi-mission interiors, and other aerospace and medical transport products for domestic and international customers, as well as provides quality assurance and certification services.
Shares have formed a bullish "flag" and higher prices are expected for this stock.
52-Week Price Range: $26.37 - 41.86
Entry Point: $41.15
Stop Loss: $39.10
Target Price: $45.27
We are closing AIRM at $43.07 as our 30-days target reached. We did not get the intended 10% gain but we had a 4.7% return!
