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Skilled Healthcare Group (NYSE:SKH) shares hit a new 52-week high during mid-day trading on Tuesday , Stock Ratings News reports. The stock traded as high as $7.90 and last traded at $7.41, with a volume of 998,242 shares. The stock had previously closed at $6.15.

Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Skilled Healthcare Group in a research note on Wednesday, August 13th. They now have a $6.00 price target on the stock, up previously from $5.00. Analysts at Oppenheimer raised their price target on shares of Skilled Healthcare Group from $6.00 to $7.00 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock.

The stock has a 50-day moving average of $6.11 and a 200-day moving average of $5.58. The company’s market cap is $294.9 million.

Skilled Healthcare Group (NYSE:SKH) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.01. The company had revenue of $207.00 million for the quarter, compared to the consensus estimate of $209.15 million. During the same quarter last year, the company posted $0.09 earnings per share. Skilled Healthcare Group’s revenue was down 1.5% compared to the same quarter last year. On average, analysts predict that Skilled Healthcare Group will post $0.28 earnings per share for the current fiscal year.

Skilled Healthcare Group, Inc (NYSE:SKH) is a holding company.

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