National HealthCare (NYSEAMERICAN:NHC) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

National HealthCare Corporation (NYSEAMERICAN:NHC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $103.82 and traded as high as $121.95. National HealthCare shares last traded at $118.44, with a volume of 35,929 shares trading hands.

National HealthCare Trading Down 2.4%

The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 17.65 and a beta of 0.58. The firm has a fifty day simple moving average of $111.79 and a 200 day simple moving average of $103.82.

National HealthCare Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 30th. National HealthCare’s payout ratio is 59.12%.

About National HealthCare

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.