National HealthCare (NYSEAMERICAN:NHC) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• National HealthCare Corporation (NYSEAMERICAN:NHC) share price has surpassed its two hundred day moving average, reaching a trading high of $96.04. The last traded price was $94.57.
• The company has a market capitalization of $1.46 billion and a P/E ratio of 13.67, indicating a stable valuation in the market.
• National HealthCare operates a variety of healthcare facilities, providing services such as skilled nursing, homecare, and hospice, focusing on rehabilitation and wellness for patients with various health conditions.

National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $96.04. National HealthCare shares last traded at $94.57, with a volume of 54,189 shares trading hands.

National HealthCare Stock Up 0.2%

The firm has a market cap of $1.49 billion, a P/E ratio of 13.95 and a beta of 0.58. The firm's 50 day moving average is $102.48.

About National HealthCare

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.