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

A number of research firms have recently issued reports on GEN. Stephens lowered Genesis Healthcare from an “overweight” rating to a “hold” rating in a research report on Wednesday, May 11th. Bank of America Corp. lowered Genesis Healthcare from a “neutral” rating to an “underperform” rating in a research report on Monday, May 16th. Finally, Royal Bank Of Canada dropped their price target on Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating for the company in a research report on Monday, May 16th. One 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. The company currently has an average rating of “Hold” and an average price target of $3.50.

The firm’s market capitalization is $216.88 million. The firm has a 50-day moving average of $2.15 and a 200 day moving average of $2.08.

Genesis Healthcare (NYSE:GEN) last announced its quarterly earnings data on Thursday, August 4th. The company reported ($0.26) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by $0.27. During the same period in the prior year, the firm posted $0.14 EPS. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.40 billion. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. Equities research analysts anticipate that Genesis Healthcare Inc. will post ($1.49) EPS for the current fiscal 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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