Genesis Healthcare Inc (NYSE:GEN)’s stock price shot up 10.2% during mid-day trading on Monday . The company traded as high as $1.47 and last traded at $1.41, 605,434 shares traded hands during mid-day trading. An increase of 189% from the average session volume of 209,411 shares. The stock had previously closed at $1.28.
The business has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.24. The stock has a market capitalization of $210.91 million, a price-to-earnings ratio of -0.85 and a beta of 0.94.
Genesis Healthcare (NYSE:GEN) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.08. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the business posted ($0.39) earnings per share. As a group, equities analysts expect that Genesis Healthcare Inc will post -0.46 EPS for the current fiscal year.
About Genesis Healthcare (NYSE:GEN)
Genesis Healthcare, Inc, together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the United States. The company operates through three segments: Inpatient Services, Rehabilitation Therapy Services, and All Other Services. It also provides a range of rehabilitation therapy services, including speech-language pathology, physical therapy, occupational therapy, and respiratory therapy.
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