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

National HealthCare logo with Medical background

Key Points

  • National HealthCare Corporation shares have crossed above their 200-day moving average, reaching a high of $112.66 during trading.
  • The company's market capitalization stands at $1.74 billion, with a price-to-earnings ratio of 16.69.
  • National HealthCare operates services across various healthcare facilities, offering extensive support including skilled nursing, therapy, and homecare services.
  • Interested in National HealthCare? Here are five stocks we like better.

National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $112.66. National HealthCare shares last traded at $111.97, with a volume of 27,882 shares traded.

National HealthCare Trading Down 0.8%

The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 16.77 and a beta of 0.58. The business has a 50-day moving average of $103.92.

National HealthCare Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 30th. National HealthCare's payout ratio is 59.12%.

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.

See Also

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