Acadia Healthcare Stock Closer to 52-Week Low: A Buying Opportunity?

Shares of Acadia Healthcare Company, Inc. (ACHC) have dropped 24.3% over the past month to close at $39.10 on Wednesday. The steep decline has pushed the stock’s price closer to the lower end of its 52-week range of$36.50-$87.77. It underperformed its peers like Tenet Healthcare Corporation (THC) and Universal Health Services, Inc. (UHS) , the overall industry, and the S&P 500 Index.The company’s current share price might seem like an excellent opportunity to build a position in a renowned behavioral healt ...