Regional Health Properties Inc. (NYSE:RHE) has a beta value of 0.06 and has seen 36,940,178 shares traded in the last trading session. The company, currently valued at $12.19 Million, closed the last trade at $7.22 per share which meant it gained $1.99 on the day or 38.05% during that session. The RHE stock price is -118.42% off its 52-week high price of $15.77 and 85.32% above the 52-week low of $1.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 380.85 Million shares traded. The 3-month trading volume is 605.12 Million shares.
The consensus among analysts is that Regional Health Properties Inc. (RHE) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight.
Regional Health Properties Inc. (NYSE:RHE) trade information
Sporting 38.05% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, Apr 30 when the RHE stock price touched $10.11- or saw a rise of 28.59%. Year-to-date, Regional Health Properties Inc. shares have moved 101.68%, while the 5-day performance has seen it change 79.16%. Over the past 30 days, the shares of Regional Health Properties Inc. (NYSE:RHE) have changed 64.84%. Short interest in the company has seen 42.33 Million shares shorted with days to cover at 0.07.
Wall Street analysts have a consensus price target for the stock at $78, which means that the shares’ value could jump 980.33% from current levels. The projected low price target is $78 while the price target rests at a high of $78. In that case, then, we find that the current price level is +980.33% off the targeted high while a plunge would see the stock lose 980.33% from current levels.
Regional Health Properties Inc. (RHE) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +17.1% over the past 5 years. Earnings growth for 2021 is a modest -132.9%.
Regional Health Properties Inc. (NYSE:RHE)’s Major holders
Insiders own 10.58% of the company shares, while shares held by institutions stand at 8.47% with a share float percentage of 9.47%. Investors are also buoyed by the number of investors in a company, with Regional Health Properties Inc. having a total of 10 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 36.7 Thousand shares worth more than $131.38 Thousand. As of December 30, 2020, Vanguard Group Inc. (The) held 2.17% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 35.7 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $127.81 Thousand and represent 2.11% of shares outstanding.
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Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of December 30, 2020, the former fund manager holds about 0.69% shares in the company for having 11594 shares of worth $41.51 Thousand while later fund manager owns 3.32 Thousand shares of worth $17.88 Thousand as of February 27, 2021, which makes it owner of about 0.2% of company’s outstanding stock.