National HealthCare (NYSEAMERICAN:NHC) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

National HealthCare Co. (NYSEAMERICAN:NHC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $120.26. National HealthCare shares last traded at $117.90, with a volume of 56,380 shares trading hands.

National HealthCare Stock Down 3.4 %

The stock has a market capitalization of $1.82 billion, a PE ratio of 27.23 and a beta of 0.37.

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

Institutional Trading of National HealthCare

Several large investors have recently added to or reduced their stakes in NHC. Quadrature Capital Ltd bought a new stake in shares of National HealthCare in the 4th quarter valued at approximately $844,000. Vanguard Group Inc. raised its holdings in shares of National HealthCare by 13.8% in the fourth quarter. Vanguard Group Inc. now owns 1,518,918 shares of the company’s stock worth $140,378,000 after buying an additional 184,411 shares during the last quarter. Pineridge Advisors LLC acquired a new stake in National HealthCare during the 4th quarter worth about $2,680,000. SG Americas Securities LLC acquired a new stake in shares of National HealthCare during the first quarter worth about $121,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in National HealthCare by 28.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 20,741 shares of the company’s stock valued at $1,960,000 after acquiring an additional 4,544 shares during the period. 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.