Shares of Five Star Quality Care, Inc. (NYSE:FVE) shot up 3.9% on Friday . The stock traded as high as $2.41 and last traded at $2.40, with a volume of 78,783 shares traded. The stock had previously closed at $2.31.

Separately, Zacks Investment Research upgraded Five Star Quality Care from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 3rd.

The firm has a 50 day moving average of $2.13 and a 200-day moving average of $2.31. The firm’s market capitalization is $119.23 million.

Five Star Quality Care (NYSE:FVE) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.03. The firm earned $344.20 million during the quarter, compared to analyst estimates of $346.61 million. Analysts predict that Five Star Quality Care, Inc. will post ($0.18) EPS for the current year.

An institutional investor recently raised its position in Five Star Quality Care stock. Phoenix Investment Adviser LLC boosted its stake in Five Star Quality Care, Inc. (NYSE:FVE) by 52.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 411,790 shares of the company’s stock after buying an additional 142,226 shares during the period. Five Star Quality Care comprises about 1.1% of Phoenix Investment Adviser LLC’s investment portfolio, making the stock its 13th largest position. Phoenix Investment Adviser LLC owned 0.84% of Five Star Quality Care worth $1,309,000 as of its most recent SEC filing.

Five Star Quality Care, Inc operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). The Company operates through senior living community segment. In the senior living community segment, it operates for its own account or manages for the account of third parties independent living communities, assisted living communities and SNFs that are subject to centralized oversight and provide housing and services to elderly residents.

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