AdCare Health Systems, Inc. (ADK) Shares Down 2.1%
Shares of AdCare Health Systems, Inc. (NYSE:ADK) traded down 2.1% during trading on Tuesday . The stock traded as low as $2.26 and last traded at $2.28, with a volume of 69,860 shares traded. The stock had previously closed at $2.33.
The stock’s market capitalization is $44.89 million. The company has a 50 day moving average of $2.18 and a 200 day moving average of $2.14.
AdCare Health Systems (NYSE:ADK) last released its quarterly earnings results on Monday, August 15th. The company reported ($0.34) earnings per share (EPS) for the quarter. The company earned $7.20 million during the quarter, compared to analysts’ expectations of $4.50 million. On average, equities 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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