National HealthCare (NYSEAMERICAN:NHC) Shares Down 1.9% – Here’s Why

Shares of National HealthCare Co. (NYSEAMERICAN:NHCGet Free Report) fell 1.9% during trading on Thursday . The stock traded as low as $120.36 and last traded at $120.43. 21,360 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 60,951 shares. The stock had previously closed at $122.70.

National HealthCare Stock Up 0.8 %

The company has a market capitalization of $1.87 billion, a PE ratio of 28.05 and a beta of 0.37.

About National HealthCare

(Get Free Report)

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.

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