National HealthCare (NYSEAMERICAN:NHC) Trading Down 6.7% – Time to Sell?

National HealthCare Corporation (NYSEAMERICAN:NHC)’s stock price was down 6.7% during trading on Monday . The stock traded as low as $155.99 and last traded at $156.63. Approximately 98,316 shares traded hands during trading, an increase of 35% from the average daily volume of 72,587 shares. The stock had previously closed at $167.89.

National HealthCare Trading Down 1.0%

The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 20.35 and a beta of 0.60. The firm has a 50-day moving average of $150.78 and a 200-day moving average of $134.47.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.83 EPS for the quarter. The company had revenue of $386.51 million during the quarter. National HealthCare had a return on equity of 9.59% and a net margin of 7.91%.

National HealthCare Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, March 31st. National HealthCare’s dividend payout ratio (DPR) is currently 59.12%.

National HealthCare Company Profile

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.