Free Trial

Extendicare (TSE:EXE) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Extendicare logo with Medical background

Extendicare Inc. (TSE:EXE - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.99 and traded as high as C$9.24. Extendicare shares last traded at C$9.20, with a volume of 66,983 shares changing hands.

Wall Street Analyst Weigh In

EXE has been the topic of several research analyst reports. TD Securities boosted their target price on Extendicare from C$9.00 to C$9.50 and gave the stock a "hold" rating in a research note on Wednesday, September 4th. Royal Bank of Canada upped their price objective on shares of Extendicare from C$8.50 to C$9.50 in a report on Monday, August 19th.

Check Out Our Latest Research Report on Extendicare

Extendicare Price Performance

The stock has a 50 day moving average of C$9.06 and a 200-day moving average of C$8.00. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60. The company has a market cap of C$756.24 million, a PE ratio of 13.46 and a beta of 1.26.

Extendicare (TSE:EXE - Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported C$0.29 EPS for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. The business had revenue of C$348.48 million during the quarter, compared to analysts' expectations of C$360.20 million. Equities analysts predict that Extendicare Inc. will post 0.6134729 earnings per share for the current year.

Extendicare Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.48 annualized dividend and a dividend yield of 5.30%. Extendicare's dividend payout ratio (DPR) is presently 70.59%.

About Extendicare

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in Extendicare right now?

Before you consider Extendicare, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Extendicare wasn't on the list.

While Extendicare currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines