Shares of Genesis Healthcare Inc. (NYSE:GEN) shot up 4.8% during trading on Monday . The company traded as high as $2.40 and last traded at $2.40, with a volume of 77,400 shares. The stock had previously closed at $2.29.

A number of research firms have recently commented on GEN. Stephens downgraded Genesis Healthcare from an “overweight” rating to a “hold” rating in a report on Wednesday, May 11th. Bank of America Corp. downgraded Genesis Healthcare from a “neutral” rating to an “underperform” rating in a report on Monday, May 16th. Finally, Royal Bank Of Canada dropped their price objective on Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating for the company in a report on Monday, May 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $3.50.

The stock’s 50 day moving average is $2.11 and its 200 day moving average is $2.06. The company’s market capitalization is $217.78 million.

Genesis Healthcare (NYSE:GEN) last posted its quarterly earnings results on Thursday, August 4th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.27. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.40 billion. The business’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 EPS. Analysts anticipate that Genesis Healthcare Inc. will post ($1.49) 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.

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