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Extendicare (TSE:EXE) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Extendicare logo with Medical background
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Extendicare Inc. (TSE:EXE - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.12 and traded as high as C$13.35. Extendicare shares last traded at C$13.06, with a volume of 305,519 shares changing hands.

Wall Street Analyst Weigh In

EXE has been the topic of a number of recent research reports. Cormark upgraded shares of Extendicare to a "moderate buy" rating in a research note on Wednesday, February 19th. TD Securities lifted their price target on Extendicare from C$10.50 to C$13.00 and gave the company a "hold" rating in a report on Monday, March 3rd. Royal Bank of Canada boosted their price target on Extendicare from C$9.50 to C$11.00 and gave the stock a "sector perform" rating in a research report on Thursday, November 28th. Finally, BMO Capital Markets raised their price objective on Extendicare from C$11.00 to C$13.50 in a research report on Monday, March 3rd.

Check Out Our Latest Analysis on EXE

Extendicare Stock Performance

The company has a quick ratio of 0.98, a current ratio of 0.62 and a debt-to-equity ratio of 283.02. The firm has a market capitalization of C$1.09 billion, a price-to-earnings ratio of 16.66 and a beta of 1.26. The business has a 50-day moving average price of C$11.41 and a 200-day moving average price of C$10.25.

Extendicare Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a $0.04 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.48 dividend on an annualized basis and a yield of 3.67%. Extendicare's dividend payout ratio (DPR) is 61.20%.

About Extendicare

(Get Free Report)

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC") homes and one of the largest private-sector providers of publicly funded home health care services.

See Also

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