Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Director David A. Tenwick Sells 5,000 Shares

Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Director David A. Tenwick sold 5,000 shares of the stock in a transaction dated Wednesday, June 9th. The stock was sold at an average price of $18.00, for a total transaction of $90,000.00. Following the completion of the transaction, the director now owns 36,985 shares of the company’s stock, valued at $665,730. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of Regional Health Properties stock traded down $1.03 during trading on Thursday, hitting $13.26. The company’s stock had a trading volume of 955,060 shares, compared to its average volume of 3,413,620. The business’s fifty day moving average price is $1.74. The firm has a market capitalization of $22.41 million, a P/E ratio of -2.64 and a beta of 0.18. Regional Health Properties, Inc. has a 52 week low of $1.13 and a 52 week high of $27.72.

Regional Health Properties (NYSEAMERICAN:RHE) last issued its quarterly earnings results on Thursday, April 1st. The company reported ($1.90) earnings per share (EPS) for the quarter. The business had revenue of $3.73 million during the quarter. Regional Health Properties had a negative return on equity of 1.76% and a negative net margin of 3.25%.

A hedge fund recently bought a new stake in Regional Health Properties stock. Citadel Advisors LLC acquired a new stake in shares of Regional Health Properties, Inc. (NYSEAMERICAN:RHE) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,250 shares of the company’s stock, valued at approximately $84,000. Citadel Advisors LLC owned approximately 1.08% of Regional Health Properties as of its most recent filing with the Securities and Exchange Commission.

About Regional Health Properties

Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. The company's facilities offer a range of healthcare and related services to patients and residents, including skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for long-term and short-stay patients and residents.

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