Genesis Healthcare Inc. (NYSE:GEN) shares were down 4.3% during mid-day trading on Wednesday . The stock traded as low as $1.94 and last traded at $2.01, with a volume of 148,882 shares. The stock had previously closed at $2.10.

Several research analysts recently issued reports on GEN shares. Bank of America Corp. cut shares of Genesis Healthcare from a “neutral” rating to an “underperform” rating in a report on Monday, May 16th. Royal Bank Of Canada cut their price target on shares of Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating for the company in a report on Monday, May 16th. Finally, Stephens cut shares of Genesis Healthcare from an “overweight” rating to a “hold” rating in a report on Wednesday, May 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $4.40.

The firm has a 50-day moving average of $1.73 and a 200 day moving average of $2.17. The company’s market cap is $313.25 million.

Genesis Healthcare (NYSE:GEN) last announced its quarterly earnings data on Monday, May 9th. The company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.04. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the company posted $0.07 earnings per share. Genesis Healthcare’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities research analysts anticipate that Genesis Healthcare Inc. will post ($0.01) EPS for the current fiscal year.

Genesis Healthcare, Inc, formerly Skilled Healthcare Group, Inc, is a holding company that provides post-acute care. The Company operates through three segments: long-term care (LTC), which includes the operation of skilled nursing facilities and assisted living facilities; therapy services, which includes its integrated and third-party rehabilitation therapy services, and hospice and home health services, which includes its hospice and home health businesses.

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