Five Star Quality Care, Inc. (FVE) Trading 7.8% Higher
Shares of Five Star Quality Care, Inc. (NYSE:FVE) traded up 7.8% during mid-day trading on Thursday . The company traded as high as $2.09 and last traded at $2.07, with a volume of 138,839 shares changing hands. The stock had previously closed at $1.92.
Separately, Zacks Investment Research raised Five Star Quality Care from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research report on Monday, July 4th.
The company’s 50 day moving average is $2.21 and its 200-day moving average is $2.22. The company’s market capitalization is $98.05 million.
Five Star Quality Care (NYSE:FVE) last announced its earnings results on Thursday, August 4th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.06. The firm earned $279 million during the quarter, compared to analyst estimates of $278 million. On average, analysts predict that Five Star Quality Care, Inc. will post ($0.36) earnings per share for the current year.
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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