AdCare Health Systems, Inc. (ADK) Releases Quarterly Earnings Results
AdCare Health Systems, Inc. (NYSE:ADK) released its quarterly earnings data on Monday. The healthcare company reported ($0.12) EPS for the quarter. The business had revenue of $6.14 million for the quarter.
AdCare Health Systems (NYSE:ADK) traded down 13.56% during trading on Tuesday, hitting $1.02. 39,568 shares of the company’s stock traded hands. The company’s market cap is $19.91 million. The company’s 50 day moving average price is $1.09 and its 200 day moving average price is $1.41. AdCare Health Systems has a 52-week low of $0.94 and a 52-week high of $2.60.
TRADEMARK VIOLATION NOTICE: “AdCare Health Systems, Inc. (ADK) Releases Quarterly Earnings Results” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/05/16/adcare-health-systems-inc-adk-releases-quarterly-earnings-results.html.
An institutional investor recently raised its position in AdCare Health Systems stock. Renaissance Technologies LLC boosted its stake in AdCare Health Systems, Inc. (NYSE:ADK) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 258,800 shares of the healthcare company’s stock after buying an additional 4,200 shares during the period. Renaissance Technologies LLC’s holdings in AdCare Health Systems were worth $326,000 at the end of the most recent quarter.
AdCare Health Systems Company Profile
AdCare Health Systems, Inc, through its subsidiaries, is a self-managed real estate investment company that invests in real estate purposed for long-term care and senior living. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.
Receive News & Ratings for AdCare Health Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdCare Health Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.