AdCare Health Systems, Inc. (ADK) Trading 4.8% Higher
AdCare Health Systems, Inc. (NYSE:ADK)’s share price traded up 4.8% on Monday . The stock traded as high as $2.48 and last traded at $2.40, with a volume of 148,523 shares trading hands. The stock had previously closed at $2.29.
The company’s market cap is $46.73 million. The firm’s 50-day moving average is $2.11 and its 200 day moving average is $2.13.
AdCare Health Systems (NYSE:ADK) last released its quarterly earnings data on Monday, August 15th. The company reported ($0.34) earnings per share for the quarter. The firm had revenue of $7.20 million for the quarter, compared to the consensus estimate of $4.50 million. On average, equities research analysts predict that AdCare Health Systems, Inc. will post ($0.28) EPS 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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