Shares of Five Star Quality Care, Inc. (NYSE:FVE) were down 1.3% on Thursday . The stock traded as low as $2.30 and last traded at $2.35, with a volume of 155,955 shares changing hands. The stock had previously closed at $2.38.

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

The firm’s market capitalization is $119.23 million. The firm’s 50 day moving average is $2.14 and its 200 day moving average is $2.31.

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

An institutional investor recently raised its position in Five Star Quality Care stock. Phoenix Investment Adviser LLC boosted its position in shares of Five Star Quality Care, Inc. (NYSE:FVE) by 52.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 1.1% of Phoenix Investment Adviser LLC’s holdings, 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 filing with the SEC.

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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