National HealthCare (NYSEAMERICAN:NHC) Trading Down 6.7% – Time to Sell?

National HealthCare Corporation (NYSEAMERICAN:NHC) fell 6.7% during mid-day trading on Monday . The company traded as low as $155.99 and last traded at $156.63. 98,316 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 72,587 shares. The stock had previously closed at $167.89.

National HealthCare Stock Performance

The company’s 50-day moving average price is $149.96 and its 200 day moving average price is $133.81. The stock has a market capitalization of $2.42 billion, a P/E ratio of 20.33 and a beta of 0.60.

National HealthCare (NYSEAMERICAN:NHC) last issued its earnings results on Thursday, February 26th. The company reported $1.83 earnings per share for the quarter. The company had revenue of $386.51 million during the quarter. National HealthCare had a net margin of 7.91% and a return on equity of 9.59%.

National HealthCare Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, March 31st. National HealthCare’s dividend payout ratio is presently 59.12%.

National HealthCare Company Profile

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.