Regional Health PropertiesInc. (NYSE:RHE) traded at $14.62 at close of the session on Tuesday, May 04, made an upward move of 102.49% on its previous day’s price.
Looking at the stock we see that its previous close was $7.22 and the beta (5Y monthly) reads 0.06 with the day’s price range being $8.90 – 16.09. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, RHE has a high of $15.77 and a low of $1.12. The company’s stock has gained about 182.79% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the RHE stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the RHE stock currently stands at 0, and the current price level is 195.68% off its SMA20 and 176.99% from its 50-day simple moving average. The RSI (14) is pointing at 83.38 while the volatility over the past week is 61.55% and drops to 24.32% over the past one month. The beta value is 0.06, while the average true range (ATR) is currently pointing at 1.71. The average price target for the stock over the next 12 months is $78, with the estimates having a low of $78 and a high of $78. These price ends are 433.52% and +433.52% off the current price level respectively, although investors could be excited at the prospect of a +433.52% if the RHE share price touches on the median price of $78.
Let’s briefly compare Regional Health PropertiesInc. (RHE) stock to its peers. We find that current price change of +102.49% and +1088.62% over the past 12 months for RHE betters that of American Tower Corp (AMT), which has seen its stock price fall -0.92% in the last trading session and was +7.78% over the last one year. Another of its peers Prologis Inc (PLD) has dropped -0.45% previous session, and was +33.58% up over the past year, while Crown Castle International Corp (CCI) was also up 102.49% in the last session, while its price remained in the green at 1088.62% over the same period. Regional Health PropertiesInc. has a P/E ratio of 0 compared to American Tower Corp’s 58.63 and Prologis Inc’s 63.95. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.27% and 0.7%, respectively, at close of the trading.
Coming back to Regional Health PropertiesInc. (NYSE:RHE), we note that the average 3-month trading volume was 605.12 Million, while that of the preceding 10-day period stands at 380.85 Million. Current shares outstanding are 1.69 Million.
According to data from Thomson Reuters, insiders hold 10.58% of the company’s shares while institutions hold 8.47%. The data shows that short shares as of April 14, 2021, stood at 42.33 Million at a short ratio of 0.12. This represents a 2.51% short interest in shares outstanding on April 14, 2021. Shares short rose in April from the previous month at 18.13 Million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock +308.38% up in year-to-date price movement.