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National HealthCare (NYSEAMERICAN:NHC) Shares Pass Above 200 Day Moving Average - Here's What Happened

National HealthCare logo with Medical background

Key Points

  • National HealthCare Corporation stock surpassed its 200-day moving average on Tuesday, reaching a high of $109.71 before closing at $109.33.
  • The company's market capitalization stands at $1.69 billion, with a price-to-earnings ratio of 16.29 and a beta of 0.58.
  • National HealthCare operates a variety of services including skilled nursing facilities, homecare, and hospice agencies, providing essential medical and rehabilitative services to patients.
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Shares of National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report) 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 $109.71. National HealthCare shares last traded at $109.33, with a volume of 29,275 shares changing hands.

National HealthCare Stock Performance

The firm's fifty day moving average is $103.06. The company has a market cap of $1.74 billion, a P/E ratio of 16.69 and a beta of 0.58.

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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