Extendicare (TSE:EXE) Stock Price Passes Below Two Hundred Day Moving Average of $0.00

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Extendicare Inc (TSE:EXE) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $8.38. Extendicare shares last traded at $8.45, with a volume of 74,621 shares trading hands.

Several analysts have commented on EXE shares. Laurentian set a C$10.00 price objective on shares of Extendicare and gave the company a “buy” rating in a research note on Tuesday, April 16th. CIBC restated a “hold” rating and set a $3.00 price objective on shares of Information Services Group in a research note on Thursday, May 16th. TD Securities decreased their price objective on shares of Power Financial from C$35.00 to C$34.00 in a research note on Thursday, May 16th. Finally, National Bank Financial lifted their price objective on shares of TRANSAT AT from C$8.50 to C$13.00 and gave the company a “sector perform” rating in a research note on Friday, May 17th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of C$8.70.

The company has a quick ratio of 0.60, a current ratio of 0.67 and a debt-to-equity ratio of 452.61. The stock’s 50 day moving average is C$8.33. The firm has a market cap of $753.73 million and a price-to-earnings ratio of 25.52.

Extendicare (TSE:EXE) last posted its earnings results on Tuesday, May 14th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.14 by C($0.13). The company had revenue of C$274.27 million for the quarter, compared to analysts’ expectations of C$275.10 million. As a group, research analysts expect that Extendicare Inc will post 0.26 earnings per share for the current year.

The company also recently announced a monthly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were paid a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.70%. The ex-dividend date was Thursday, May 30th. Extendicare’s dividend payout ratio is currently 145.45%.

About Extendicare (TSE:EXE)

Extendicare Inc provides care and services for seniors in Canada. The company offers long term care services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management and consulting services to third-party owners.

Further Reading: Return on Investment (ROI)

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