Regional Health Properties Inc (AMEX: RHE) Is A Buzzing Hot Stock

Regional Health Properties Inc (AMEX:RHE) traded at $3.56 at close of the session on Monday, January 06 and made an upward move of 129.68% on its previous day’s price.

Looking at the stock we see that its previous close was $1.55 and the beta (5Y monthly) reads 0.951 with the day’s price range being $3.0701 – $6.8. In terms of its 52-week price range, RHE has a high of $3.08 and a low of $1.13. The company’s stock has gained about 105.67% over that past 30 days.

Regional Health Properties Inc has a market cap of $6.62 million and is expected to release its quarterly earnings report in February.

On the other hand, looking at the outlook for the RHE stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.

Looking further, we note the current price level is 114.68% off its SMA20 and 113.43% from its 50-day simple moving average. The RSI (14) is pointing at 90.52 while the volatility over the past week is 32.27% and jumps to 11.39% over the past one month. The beta value is 0.96, while the average true range (ATR) is currently pointing at 0.47.

Coming back to Regional Health Properties Inc (AMEX:RHE), we note that the average 3-month trading volume was 84.84K, while that of the preceding 10-day period stands at 11710.0. Current shares outstanding are 1.88 million.

The insiders hold 10.91% of the company’s shares while institutions hold 4.47%. The data shows that short shares as of 2024-10-31, stood at 12131.0 at a short ratio of 0.07. This represents a 72.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 1981.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 127.67% up in year-to-date price movement.

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