Extendicare (OTCMKTS:EXETF) Trading 1.9% Higher – What’s Next?

Extendicare Inc. (OTCMKTS:EXETF) shot up 1.9% on Monday . The stock traded as high as $19.58 and last traded at $19.58. 100 shares were traded during mid-day trading, a decline of 97% from the average session volume of 3,545 shares. The stock had previously closed at $19.2120.

Analyst Upgrades and Downgrades

EXETF has been the topic of several recent analyst reports. Royal Bank Of Canada upgraded shares of Extendicare from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 4th. BMO Capital Markets upgraded shares of Extendicare from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 4th. Finally, National Bank Financial reissued an “outperform” rating on shares of Extendicare in a research report on Thursday, December 4th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Extendicare presently has an average rating of “Moderate Buy”.

Extendicare Stock Performance

The stock has a fifty day moving average of $17.85 and a 200 day moving average of $14.62.

About Extendicare

Extendicare Inc (OTCMKTS:EXETF) is a Canada-based senior care provider headquartered in Markham, Ontario. The company specializes in the ownership and operation of long-term care homes, retirement residences and home health care services. It is publicly listed on the Toronto Stock Exchange under the symbol EXE and trades in the over-the-counter market as EXETF.

Extendicare’s operations are organized into two primary segments. The Long-Term Care & Retirement Living division operates approximately 120 facilities under the Extendicare and EspritVitalité banners, serving residents in Ontario, Alberta, Saskatchewan and parts of Atlantic Canada.