Genesis Healthcare Inc. (GEN) Breaks into New 52-Week High on December 06 Session

Equities Staff  |

Shares of Genesis Healthcare Inc. (GEN) broke into a new 52-week high yesterday, hitting a peak of $1.75. Shares closed at $1.72 after opening at $1.67 for a move of 4.24%. The company now has a market cap of $283.47 million.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.

For Genesis Healthcare Inc., the new 52-week high came on volume of 417,701. The stock has a float of 164.81 million shares and average daily volume of $n/a. It has a 50-day SMA of $n/a and a 200-day SMA of $n/a.

For a complete fundamental analysis analysis of Genesis Healthcare Inc., check out Equities.com’s Stock Valuation Analysis report for GEN.

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Genesis Healthcare Inc is a post-acute care provider in the United States. It focuses on the medical and physical issues facing elderly patients and is provided by the employees of skilled nursing facilities, assisted/senior living communities, integrated and third-party rehabilitation therapy business. The company has three operating segments. The inpatient services segment include the operation of skilled nursing facilities and assisted/senior living facilities; rehabilitation therapy segment services include integrated and third-party rehabilitation and respiratory therapy services; and all other services. The majority of its revenue is generated from its skilled nursing facilities of the inpatient services segment.

Genesis Healthcare Inc. is based out of Kennett Square, PA and has some 61,300 employees. Its CEO is George V. Hager.

Genesis Healthcare Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What's more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.

To get more information on Genesis Healthcare Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: GEN’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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