Extendicare (TSE:EXE) Hits New 1-Year Low at $6.29

Extendicare Inc. (TSE:EXE – Get Rating)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$6.29 and last traded at C$6.32, with a volume of 16862 shares. The stock had previously closed at C$6.39.

Analyst Ratings Changes

Several analysts have commented on EXE shares. National Bankshares dropped their price objective on Extendicare from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a report on Monday, January 30th. Royal Bank of Canada dropped their price objective on Extendicare from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a report on Monday, March 6th.

Extendicare Stock Performance

The company has a debt-to-equity ratio of 381.30, a current ratio of 0.94 and a quick ratio of 0.98. The firm has a fifty day simple moving average of C$6.59 and a 200 day simple moving average of C$6.74. The company has a market capitalization of C$532.95 million, a price-to-earnings ratio of -125.80 and a beta of 1.19.

Extendicare Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, April 17th. Stockholders of record on Friday, March 31st will be given a $0.04 dividend. The ex-dividend date of this dividend is Thursday, March 30th. This represents a $0.48 annualized dividend and a dividend yield of 7.63%. Extendicare’s dividend payout ratio (DPR) is presently -960.00%.

Extendicare Company Profile

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Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as contract and consulting services to third parties.