Adcare Health System Sets New 1-Year Low at $3.62 (ADK)
Adcare Health System (NYSE:ADK) set a new 52-week low on Monday, Analyst Ratings Net reports. The company traded as low as $3.62 and last traded at $3.83, with a volume of 61,878 shares. The stock had previously closed at $3.98.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Adcare Health System from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, September 16th. They now have a $4.20 price target on the stock. Separately, analysts at Noble Financial cut their price target on shares of Adcare Health System from $9.00 to $6.50 in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock.
Adcare Health System has a 52 week low of $3.66 and a 52 week high of $6.26. The stock has a 50-day moving average of $4.16 and a 200-day moving average of $4.57. The company’s market cap is $56.6 million.
AdCare Health Systems, Inc (NYSE:ADK) is a developer, owner and manager of retirement communities, assisted living facilities, skilled nursing facilities and home health care services in the state of Ohio.
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