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Diversicare Healthcare Services (NASDAQ:DVCR) Director Richard M. Brame purchased 1,387 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $7.62 per share, for a total transaction of $10,568.94. Following the completion of the transaction, the director now directly owns 32,724 shares in the company, valued at approximately $249,357. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Shares of Diversicare Healthcare Services (NASDAQ:DVCR) traded up 1.33% on Friday, hitting $9.12. 59,584 shares of the company’s stock traded hands. Diversicare Healthcare Services has a 1-year low of $4.56 and a 1-year high of $9.74. The stock has a 50-day moving average of $7.09 and a 200-day moving average of $6.43. 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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