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Diversicare Healthcare Services (NASDAQ:DVCR) Director Richard M. Brame acquired 1,387 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $7.62 per share, with a total value of $10,568.94. Following the acquisition, the director now directly owns 32,724 shares in the company, valued at approximately $249,357. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Diversicare Healthcare Services (NASDAQ:DVCR) opened at 9.12 on Friday. Diversicare Healthcare Services has a one year low of $4.56 and a one year high of $9.74. The stock’s 50-day moving average is $7.09 and its 200-day moving average is $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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