Genesis Healthcare Inc. (NYSE:GEN) shares were down 8.8% on Wednesday . The stock traded as low as $2.07 and last traded at $2.07, with a volume of 104,296 shares. The stock had previously closed at $2.27.

Several research analysts have recently weighed in on GEN shares. Stephens lowered shares of Genesis Healthcare from an “overweight” rating to a “hold” rating in a report on Wednesday, May 11th. Royal Bank Of Canada cut their price objective on shares of Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating on the stock in a report on Monday, May 16th. Finally, Bank of America Corp. lowered shares of Genesis Healthcare from a “neutral” rating to an “underperform” rating in a report on Monday, May 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $3.50.

The firm’s market capitalization is $189.88 million. The stock has a 50 day moving average price of $2.01 and a 200-day moving average price of $2.04.

Genesis Healthcare (NYSE:GEN) last released its quarterly earnings results on Thursday, August 4th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of $0.01 by $0.27. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the business posted $0.14 EPS. Genesis Healthcare’s revenue was up 1.3% compared to the same quarter last year. On average, analysts expect that Genesis Healthcare Inc. will post ($0.04) earnings per share for the current year.

Genesis Healthcare, Inc, formerly Skilled Healthcare Group, Inc, is a holding company that provides post-acute care. The Company operates through three segments: inpatient services, which includes the operation of skilled nursing facilities and assisted or senior living facilities; rehabilitation therapy services, which includes its integrated and third-party rehabilitation and respiratory therapy services, and all other services, including physician services and other healthcare related services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.