Insider Buying: Diversicare Healthcare Services Director Acquires 1,387 Shares of Stock (DVCR)
Diversicare Healthcare Services (NASDAQ:DVCR) Director Richard M. Brame acquired 1,387 shares of Diversicare Healthcare Services stock on the open market in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of $7.62 per share, with a total value of $10,568.94. Following the purchase, the director now directly owns 32,724 shares of the company’s stock, valued at approximately $249,357. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Diversicare Healthcare Services (NASDAQ:DVCR) traded up 1.33% during mid-day trading on Friday, hitting $9.12. The stock had a trading volume of 59,584 shares. Diversicare Healthcare Services has a 52 week low of $4.56 and a 52 week high of $9.07. The stock has a 50-day moving average of $7.0 and a 200-day moving average of $6.40. The company’s market cap is $56.1 million.
Diversicare Healthcare Services Inc, formerly Advocat Inc, provides long-term care services to nursing center patients in eight states, primarily in the Southeast and Southwest United States.
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