Genesis Healthcare Inc. (NYSE:GEN) shares were down 2.5% during mid-day trading on Thursday . The company traded as low as $2.27 and last traded at $2.35, with a volume of 128,915 shares. The stock had previously closed at $2.41.

A number of research analysts have issued reports on GEN shares. Stephens cut shares of Genesis Healthcare from an “overweight” rating to a “hold” rating in a report on Wednesday, May 11th. Royal Bank Of Canada decreased their price target on shares of Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating for the company in a report on Monday, May 16th. Finally, Bank of America Corp. cut shares of Genesis Healthcare from a “neutral” rating to an “underperform” rating 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 given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $3.50.

The stock has a 50-day moving average of $2.16 and a 200 day moving average of $2.09. The firm’s market capitalization is $221.38 million.

Genesis Healthcare (NYSE:GEN) last announced its quarterly earnings data on Thursday, August 4th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates 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. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.14 EPS. Equities analysts forecast that Genesis Healthcare Inc. will post ($1.49) EPS 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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