National Health Investors, Inc (NYSE:NHI) shares, rose in value on Friday, May 30, with the stock price down by -0.58% to the previous day’s close as strong demand from buyers drove the stock to $72.51.
Actively observing the price movement in the last trading, the stock closed the session at $72.93. The PE ratio was 23.01 over 12-month period. Referring to stock’s 52-week performance, its high was $86.13, and the low was $64.00. On the whole, NHI has fluctuated by -4.18% over the past month.
With the market capitalization of National Health Investors, Inc currently standing at about $3.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.60, with its dividend yield at 4.96%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NHI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 12.93, with the price of NHI currently trading nearly -2.64% and -2.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.26, while the 7-day volatility ratio is showing 1.13% which for the 30-day chart, stands at 1.17%. Furthermore, National Health Investors, Inc (NHI)’s beta value is 0.78, and its average true range (ATR) is 1.56.
A comparison of National Health Investors, Inc (NHI) with its peers suggests the former has fared considerably weaker in the market. NHI showed an intraday change of -0.58% in last session, and over the past year, it grew by 11.93%%.
Data on historical trading for National Health Investors, Inc (NYSE:NHI) indicates that the trading volumes over the past 3 months, they’ve averaged 243.33K. According to company’s latest data on outstanding shares, there are 46.69 million shares outstanding.
Nearly 4.76% of National Health Investors, Inc’s shares belong to company insiders and institutional investors own 68.57% of the company’s shares. The stock has risen by 4.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NHI stock heading into the next quarter.
