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National HealthCare (NYSEAMERICAN:NHC) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

National HealthCare logo with Medical background

National HealthCare Corporation (NYSEAMERICAN:NHC - Get Free Report) shares 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 $99.83. National HealthCare shares last traded at $98.22, with a volume of 73,352 shares traded.

National HealthCare Stock Performance

The firm has a 50 day simple moving average of $104.68. The stock has a market capitalization of $1.51 billion, a P/E ratio of 14.08 and a beta of 0.55.

About National HealthCare

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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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