National HealthCare (NYSEAMERICAN:NHC) Stock Price Passes Above 200-Day Moving Average – Here’s Why

National HealthCare Corporation (NYSEAMERICAN:NHC) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $129.19 and traded as high as $160.06. National HealthCare shares last traded at $157.82, with a volume of 88,714 shares.

National HealthCare Trading Down 0.4%

The company’s fifty day moving average price is $144.98 and its two-hundred day moving average price is $129.19. The firm has a market cap of $2.45 billion, a PE ratio of 24.35 and a beta of 0.64. The company has a quick ratio of 1.72, a current ratio of 1.75 and a debt-to-equity ratio of 0.06.

National HealthCare Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 1.6%. National HealthCare’s dividend payout ratio is 59.12%.

About National HealthCare

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.