AdCare Health Systems, Inc. (ADK) Trading Up 5.6%
AdCare Health Systems, Inc. (NYSE:ADK) was up 5.6% during trading on Thursday . The stock traded as high as $2.29 and last traded at $2.28, with a volume of 133,011 shares trading hands. The stock had previously closed at $2.16.
The company’s market cap is $46.34 million. The company’s 50 day moving average is $1.99 and its 200-day moving average is $2.11.
AdCare Health Systems (NYSE:ADK) last issued its quarterly earnings data on Tuesday, May 17th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.03. The company earned $7.10 million during the quarter, compared to the consensus estimate of $1.60 million. Equities analysts predict that AdCare Health Systems, Inc. will post ($0.28) earnings per share for the current fiscal year.
AdCare Health Systems, Inc, through its subsidiaries, is a self-managed real estate investment company that invests in real estate purposed for long-term care and senior living. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.
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