National HealthCare (NYSEAMERICAN:NHC) Stock Passes Above 200-Day Moving Average of $0.00

National HealthCare Co. (NYSEAMERICAN:NHC) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $127.69. National HealthCare shares last traded at $126.97, with a volume of 49,710 shares trading hands.

National HealthCare Stock Performance

The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 29.32 and a beta of 0.37.

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

Institutional Trading of National HealthCare

A number of large investors have recently added to or reduced their stakes in NHC. SG Americas Securities LLC acquired a new position in National HealthCare in the 1st quarter valued at $121,000. New York State Teachers Retirement System raised its stake in shares of National HealthCare by 10.0% in the first quarter. New York State Teachers Retirement System now owns 3,300 shares of the company’s stock worth $312,000 after acquiring an additional 300 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of National HealthCare by 83.0% in the fourth quarter. BNP Paribas Financial Markets now owns 3,528 shares of the company’s stock worth $326,000 after acquiring an additional 1,600 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of National HealthCare in the fourth quarter worth about $433,000. Finally, Quadrature Capital Ltd bought a new position in shares of National HealthCare in the fourth quarter worth about $844,000. 56.44% of the stock is currently 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.