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National HealthCare (NYSEAMERICAN:NHC) Shares Cross Above Two Hundred Day Moving Average - Here's Why

National HealthCare logo with Medical background

National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $108.34. National HealthCare shares last traded at $107.71, with a volume of 108,313 shares trading hands.

National HealthCare Trading Down 0.8%

The company has a market cap of $1.67 billion, a price-to-earnings ratio of 15.63 and a beta of 0.55. The stock's 50 day moving average is $102.00.

About National HealthCare

(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.

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