Genesis Healthcare Inc. (GEN) Plunges 5.71% on October 29

Equities Staff  |

Genesis Healthcare Inc. (GEN) had a rough trading day for Tuesday October 29 as shares tumbled 5.71%, or a loss of $-0.08 per share, to close at $1.32. After opening the day at $1.38, shares of Genesis Healthcare Inc. traded as high as $1.42 and as low as $1.28. Volume was 177,758 shares over 768 trades, against an average daily volume of n/a shares and a total float of 164.78 million.

As a result of the decline, Genesis Healthcare Inc. now has a market cap of $217.51 million. In the last year, shares of Genesis Healthcare Inc. have traded between a range of $1.74 and $0.92, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Genesis Healthcare Inc., check out’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 a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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’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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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