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National HealthCare (NYSEAMERICAN:NHC) Stock Price Passes Above Two Hundred Day Moving Average - Here's Why

National HealthCare logo with Medical background

National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $106.76. National HealthCare shares last traded at $103.47, with a volume of 63,054 shares changing hands.

National HealthCare Trading Down 0.7%

The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 14.95 and a beta of 0.55. The company's 50-day moving average is $103.80.

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.

Further Reading

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