Regional Health Properties (NYSEAMERICAN:RHE) Shares Up 12.1% – Here’s What Happened

Regional Health Properties, Inc. (NYSEAMERICAN:RHEGet Free Report)’s share price traded up 12.1% during trading on Friday . The stock traded as high as $1.58 and last traded at $1.57. 37,412 shares changed hands during trading, an increase of 41% from the average session volume of 26,575 shares. The stock had previously closed at $1.40.

Regional Health Properties Price Performance

The company has a market cap of $2.98 million, a price-to-earnings ratio of -1.01 and a beta of 0.94.

Regional Health Properties (NYSEAMERICAN:RHEGet Free Report) last released its earnings results on Tuesday, August 13th. The company reported ($0.38) earnings per share for the quarter. The business had revenue of $4.33 million during the quarter.

Regional Health Properties Company Profile

(Get Free Report)

Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.

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