Extendicare (OTCMKTS:EXETF) Trading Up 1.9% – Here’s What Happened

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

Wall Street Analyst Weigh In

EXETF has been the subject of a number of research analyst reports. BMO Capital Markets raised Extendicare from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 4th. National Bank Financial reaffirmed an “outperform” rating on shares of Extendicare in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada upgraded Extendicare from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 4th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Extendicare Trading Up 1.9%

The business’s fifty day moving average is $17.68 and its 200 day moving average is $14.48.

Extendicare Company Profile

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.