Genesis Healthcare Inc. (NYSE:GEN) was down 4.3% during mid-day trading on Wednesday . The company traded as low as $1.94 and last traded at $2.01, with a volume of 148,882 shares traded. The stock had previously closed at $2.10.

A number of equities research analysts have recently issued reports on GEN shares. Stephens lowered Genesis Healthcare from an “overweight” rating to a “hold” rating in a research report on Wednesday, May 11th. Royal Bank Of Canada cut their target price on Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating on the stock in a research report on Monday, May 16th. Finally, Bank of America Corp. lowered Genesis Healthcare from a “neutral” rating to an “underperform” rating in a research report on Monday, May 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $4.40.

The firm’s 50-day moving average is $1.75 and its 200-day moving average is $2.17. The firm’s market cap is $317.86 million.

Genesis Healthcare (NYSE:GEN) last announced its quarterly earnings data on Monday, May 9th. The company reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by $0.04. The business earned $1.47 billion during the quarter, compared to analysts’ expectations of $1.43 billion. The business’s revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 EPS. On average, equities research analysts predict that Genesis Healthcare Inc. will post ($0.01) 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: long-term care (LTC), which includes the operation of skilled nursing facilities and assisted living facilities; therapy services, which includes its integrated and third-party rehabilitation therapy services, and hospice and home health services, which includes its hospice and home health businesses.

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