Regional Health Properties (NYSEAMERICAN:RHE) Trading Down 10.4% – Here’s What Happened

Shares of Regional Health Properties, Inc. (NYSEAMERICAN:RHEGet Free Report) were down 10.4% during mid-day trading on Monday . The stock traded as low as $2.48 and last traded at $2.51. Approximately 44,968 shares were traded during trading, a decline of 98% from the average daily volume of 2,818,254 shares. The stock had previously closed at $2.80.

Regional Health Properties Price Performance

The stock has a market cap of $4.53 million, a PE ratio of -1.55 and a beta of 0.95.

Regional Health Properties Company Profile

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Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.

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