Extendicare (OTCMKTS:EXETF) Shares Break Above 50 Day Moving Average – Should You Sell?

Extendicare Inc. (OTCMKTS:EXETF) crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $20.47 and traded as high as $20.97. Extendicare shares last traded at $20.97, with a volume of 52,511 shares changing hands.

Analyst Ratings Changes

EXETF has been the topic of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Extendicare in a report on Friday, August 14th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Extendicare in a report on Monday, October 26th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Extendicare Trading Up 4.0%

The stock’s fifty day simple moving average is $20.47 and its two-hundred day simple moving average is $21.66.

About Extendicare

Extendicare Inc. is a Canadian provider of continuing health care and senior living services. The company operates long-term care homes and retirement communities, serving older adults who require residential care, assistance with daily living, or supportive housing. Through its ParaMed business, Extendicare also provides home health-care services, including nursing, personal support, rehabilitation, and other care delivered in patients’ homes. In addition, the company offers management and consulting services to health-care and senior living operators through its Extendicare Assist platform.