Extendicare (OTCMKTS:EXETF) Stock Price Up 0.3% – Time to Buy?

Extendicare Inc. (OTCMKTS:EXETF) shot up 0.3% during trading on Tuesday . The company traded as high as $22.2720 and last traded at $22.2720. Approximately 50,485 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 57,717 shares. The stock had previously closed at $22.21.

Analysts Set New Price Targets

Several research firms have recently issued reports on EXETF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Extendicare in a research report on Friday, August 14th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Extendicare in a research report on Monday, August 10th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Extendicare Trading Up 0.3%

The company’s 50-day moving average is $24.05 and its two-hundred day moving average is $22.73.

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.