National HealthCare (NYSEAMERICAN:NHC) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

National HealthCare Co. (NYSEAMERICAN:NHC)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $135.34. National HealthCare shares last traded at $134.43, with a volume of 53,954 shares changing hands.

National HealthCare Stock Up 3.5 %

The stock has a market capitalization of $2.07 billion, a P/E ratio of 31.05 and a beta of 0.37.

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

Institutional Investors Weigh In On National HealthCare

A hedge fund recently bought a new stake in National HealthCare stock. SG Americas Securities LLC purchased a new stake in shares of National HealthCare Co. (NYSEAMERICAN:NHC) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,280 shares of the company’s stock, valued at approximately $121,000. 56.44% of the stock is owned by institutional investors.

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.