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National HealthCare (NYSEAMERICAN:NHC) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

National HealthCare logo with Medical background

Key Points

  • National HealthCare Corporation (NYSEAMERICAN:NHC) shares have crossed above their 200-day moving average, achieving a high of $115.94 during trading before settling at $114.98.
  • The company declared a quarterly dividend of $0.64 per share, with an annualized dividend total of $2.56 and a yield of 2.2%, payable on October 31st.
  • National HealthCare has a market capitalization of $1.78 billion and a PE ratio of 17.14, indicating strong financial fundamentals.
  • Five stocks to consider instead of National HealthCare.

National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report) 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 $115.94. National HealthCare shares last traded at $114.98, with a volume of 56,708 shares trading hands.

National HealthCare Price Performance

The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 17.75 and a beta of 0.58. The business's 50-day moving average price is $105.95 and its two-hundred day moving average price is $101.49.

National HealthCare Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, September 30th. National HealthCare's payout ratio is currently 59.12%.

National HealthCare Company Profile

(Get Free Report)

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.

See Also

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