National HealthCare (NYSEAMERICAN:NHC) Shares Pass Above 200 Day Moving Average of $0.00

National HealthCare Co. (NYSEAMERICAN:NHC)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $136.78. National HealthCare shares last traded at $135.69, with a volume of 26,171 shares.

National HealthCare Price Performance

The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 31.67 and a beta of 0.37.

National HealthCare (NYSEAMERICAN:NHC) last issued its earnings results on Friday, August 9th. The company reported $1.00 earnings per share for the quarter. The business had revenue of $300.66 million during the quarter. National HealthCare had a return on equity of 6.03% and a net margin of 5.85%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NHC. SG Americas Securities LLC bought a new stake in National HealthCare during the first quarter valued at approximately $121,000. New York State Teachers Retirement System boosted its holdings in National HealthCare by 10.0% in the 1st quarter. New York State Teachers Retirement System now owns 3,300 shares of the company’s stock worth $312,000 after buying an additional 300 shares during the period. BNP Paribas Financial Markets raised its holdings in National HealthCare by 83.0% during the fourth quarter. BNP Paribas Financial Markets now owns 3,528 shares of the company’s stock valued at $326,000 after acquiring an additional 1,600 shares during the period. Jump Financial LLC purchased a new stake in shares of National HealthCare during the fourth quarter worth about $431,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in National HealthCare in the 4th quarter worth approximately $433,000. Institutional investors own 56.44% of the company’s stock.

National HealthCare Company Profile

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.