Extendicare (OTCMKTS:EXETF) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Extendicare Inc. (OTCMKTS:EXETF) shares crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $20.47 and traded as high as $20.97. Extendicare shares last traded at $20.97, with a volume of 52,511 shares traded.

Wall Street Analyst Weigh In

EXETF has been the subject of several recent research reports. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Extendicare in a research report on Monday, October 26th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Extendicare in a research note on Friday, August 14th. Five investment analysts have rated the stock with a Buy rating. According to MarketBeat, the company has a consensus rating of “Buy”.

Extendicare Price Performance

The stock’s 50 day moving average price is $20.41 and its 200 day moving average price is $21.71.

Extendicare Company Profile

Extendicare Inc. is a Canadian provider of continuing health care and senior living services. The company operates long-term care homes and retirement communities, serving older adults who require residential care, assistance with daily living, or supportive housing. Through its ParaMed business, Extendicare also provides home health-care services, including nursing, personal support, rehabilitation, and other care delivered in patients’ homes. In addition, the company offers management and consulting services to health-care and senior living operators through its Extendicare Assist platform.