Innovage Holding Corp, a prominent entity in the health care sector, operates as a holding company based in Denver, United States. The company is listed on the Nasdaq stock exchange and primarily engages in providing a range of services through its subsidiaries. These services include skilled nursing, seniors living, customized healthcare, and social support, catering to a nationwide patient base.
As of January 28, 2026, Innovage’s stock closed at $5.69. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of $6.26 on November 11, 2025, and a low of $2.60 on April 16, 2025. This range indicates a moderate potential for upside from its recent closing price.
The company’s market capitalization stands at approximately $791 million USD. However, Innovage’s financial metrics reveal some challenges. The price-to-earnings (P/E) ratio is currently at -45.13, indicating negative earnings. This suggests that the company is not currently generating profits, which can be a concern for investors seeking positive returns. Despite this, the price-to-book (P/B) ratio is 3.23, suggesting that the market values the company at about three times its book value. This valuation indicates a modest market stance relative to earnings but above book value.
In recent developments, Innovage announced the expansion of its board with two additional directors on January 29, 2026. This strategic move could potentially bring new perspectives and expertise to the company’s leadership, possibly influencing future growth and operational strategies.
For more detailed information about Innovage Holding Corp’s offerings and operations, interested parties can visit their official website at www.innovage.com .
