Extendicare Inc. (TSE:EXE - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.95 and traded as high as C$9.19. Extendicare shares last traded at C$9.16, with a volume of 49,559 shares trading hands.
Analyst Ratings Changes
A number of research analysts have recently commented on EXE shares. TD Securities raised their target price on Extendicare from C$9.00 to C$9.50 and gave the company a "hold" rating in a research note on Wednesday, September 4th. Royal Bank of Canada raised their price objective on Extendicare from C$8.50 to C$9.50 in a research report on Monday, August 19th.
Read Our Latest Report on EXE
Extendicare Trading Up 1.4 %
The firm has a market cap of C$775.44 million, a P/E ratio of 13.66 and a beta of 1.26. The stock has a fifty day simple moving average of C$8.96 and a 200 day simple moving average of C$7.96. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60.
Extendicare (TSE:EXE - Get Free Report) last posted its earnings results on Monday, August 12th. The company reported C$0.29 EPS for the quarter. The business had revenue of C$348.48 million during the quarter, compared to analyst estimates of C$360.20 million. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. On average, research analysts expect that Extendicare Inc. will post 0.6134729 earnings per share for the current fiscal year.
Extendicare Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date of this dividend is Thursday, October 31st. Extendicare's payout ratio is 70.59%.
Extendicare Company Profile
(
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Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.
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