Shares of Genesis Healthcare Inc. (NYSE:GEN) fell 4.3% during mid-day trading on Friday . The company traded as low as $2.20 and last traded at $2.20, with a volume of 149,347 shares. The stock had previously closed at $2.30.

A number of brokerages have issued reports on GEN. Bank of America Corp. downgraded Genesis Healthcare from a “neutral” rating to an “underperform” rating in a report on Monday, May 16th. Royal Bank Of Canada decreased their price target on Genesis Healthcare from $5.00 to $3.00 and set an “outperform” rating for the company in a report on Monday, May 16th. Finally, Stephens downgraded Genesis Healthcare from an “overweight” rating to a “hold” rating in a report on Wednesday, May 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Genesis Healthcare presently has an average rating of “Hold” and an average price target of $3.50.

The firm’s 50 day moving average is $2.11 and its 200-day moving average is $2.06. The stock’s market capitalization is $206.08 million.

Genesis Healthcare (NYSE:GEN) last released its quarterly earnings data on Thursday, August 4th. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by $0.27. The firm earned $1.44 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the firm posted $0.14 EPS. The firm’s revenue was up 1.3% on a year-over-year basis. On average, analysts anticipate that Genesis Healthcare Inc. will post ($1.49) earnings per share 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: 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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