Extendicare (OTCMKTS:EXETF) Trading Down 0.2% – Time to Sell?

Extendicare Inc. (OTCMKTS:EXETF)’s stock price dropped 0.2% during trading on Tuesday . The stock traded as low as $26.0750 and last traded at $26.0750. Approximately 28,424 shares traded hands during trading, a decline of 10% from the average daily volume of 31,450 shares. The stock had previously closed at $26.14.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. TD Securities restated a “buy” rating on shares of Extendicare in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Extendicare in a report on Monday, May 11th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Extendicare Stock Performance

The firm’s fifty day simple moving average is $23.92 and its 200-day simple moving average is $20.24.

Extendicare Company Profile

Extendicare Inc (OTCMKTS:EXETF) is a Canada-based senior care provider headquartered in Markham, Ontario. The company specializes in the ownership and operation of long-term care homes, retirement residences and home health care services. It is publicly listed on the Toronto Stock Exchange under the symbol EXE and trades in the over-the-counter market as EXETF.

Extendicare’s operations are organized into two primary segments. The Long-Term Care & Retirement Living division operates approximately 120 facilities under the Extendicare and EspritVitalité banners, serving residents in Ontario, Alberta, Saskatchewan and parts of Atlantic Canada.