Genesis Healthcare, Inc. (NYSE:GEN)’s share price rose 0% during mid-day trading on Thursday . The stock traded as high as $1.00 and last traded at $0.95. Approximately 907,335 shares changed hands during trading, an increase of 250% from the average daily volume of 259,266 shares. The stock had previously closed at $0.95.

GEN has been the topic of several research reports. Royal Bank Of Canada reaffirmed a “hold” rating and set a $2.00 price objective on shares of Genesis Healthcare in a report on Wednesday, September 13th. ValuEngine downgraded shares of Genesis Healthcare from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 13th.

The company has a debt-to-equity ratio of -5.49, a quick ratio of 1.26 and a current ratio of 1.26.

A number of institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its holdings in Genesis Healthcare by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 105,432 shares of the company’s stock valued at $184,000 after buying an additional 646 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Genesis Healthcare by 2.6% during the 1st quarter. Alliancebernstein L.P. now owns 83,126 shares of the company’s stock worth $219,000 after purchasing an additional 2,100 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Genesis Healthcare by 6.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 90,612 shares of the company’s stock worth $158,000 after purchasing an additional 5,250 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Genesis Healthcare by 2.4% in the 1st quarter. Bank of New York Mellon Corp now owns 229,770 shares of the company’s stock worth $607,000 after acquiring an additional 5,451 shares during the period. Finally, Teachers Advisors LLC grew its stake in Genesis Healthcare by 23.2% in the 2nd quarter. Teachers Advisors LLC now owns 62,497 shares of the company’s stock worth $109,000 after acquiring an additional 11,753 shares during the period. 14.84% of the stock is owned by institutional investors.

WARNING: “Genesis Healthcare, Inc. (GEN) Stock Price Up 0%” was posted by Daily Political and is the property of of Daily Political. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://www.dailypolitical.com/2017/11/10/genesis-healthcare-inc-gen-stock-price-up-0.html.

Genesis Healthcare Company Profile

Genesis Healthcare, 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.

Receive News & Ratings for Genesis Healthcare Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesis Healthcare Inc. and related companies with MarketBeat.com's FREE daily email newsletter.