National HealthCare (NYSEAMERICAN:NHC) Sets New 52-Week High – What’s Next?

Shares of National HealthCare Corporation (NYSEAMERICAN:NHC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $147.22 and last traded at $146.9850, with a volume of 11641 shares trading hands. The stock had previously closed at $143.11.

National HealthCare Price Performance

The firm has a market cap of $2.27 billion, a P/E ratio of 22.65 and a beta of 0.64. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.72. The company’s 50-day moving average is $137.50 and its two-hundred day moving average is $122.80.

National HealthCare (NYSEAMERICAN:NHC) last released its earnings results on Thursday, November 6th. The company reported $1.58 earnings per share for the quarter. National HealthCare had a return on equity of 9.52% and a net margin of 6.75%.The firm had revenue of $382.66 million during the quarter.

National HealthCare Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were issued a $0.64 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 1.7%. National HealthCare’s dividend payout ratio is 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.