Extendicare (TSE:EXE) Stock Crosses Above Two Hundred Day Moving Average of $7.71

Posted by Defense World Staff on Sep 26th, 2024

Extendicare Inc. (TSE:EXE – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.71 and traded as high as C$9.40. Extendicare shares last traded at C$9.33, with a volume of 99,959 shares traded.

Analyst Ratings Changes

Several equities analysts have recently commented on EXE shares. Royal Bank of Canada upped their target price on Extendicare from C$8.50 to C$9.50 in a report on Monday, August 19th. TD Securities increased their target price on Extendicare from C$9.00 to C$9.50 and gave the stock a “hold” rating in a research report on Wednesday, September 4th.

View Our Latest Analysis on EXE

Extendicare Stock Down 0.3 %

The firm’s 50 day simple moving average is C$8.31 and its 200 day simple moving average is C$7.71. The company has a market cap of C$778.78 million, a price-to-earnings ratio of 13.72 and a beta of 1.26. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80.

Extendicare (TSE:EXE – Get Free Report) last posted its earnings results on Monday, August 12th. The company reported C$0.29 EPS for the quarter. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. The firm had revenue of C$348.48 million for the quarter, compared to analysts’ expectations of C$360.20 million.

Extendicare Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date is Friday, September 27th. Extendicare’s dividend payout ratio is currently 70.59%.

About Extendicare

(Get Free Report)

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