National HealthCare (NYSEAMERICAN:NHC) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

National HealthCare Corporation (NYSEAMERICAN:NHC)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $129.19 and traded as high as $160.06. National HealthCare shares last traded at $157.82, with a volume of 88,714 shares trading hands.

National HealthCare Price Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.72. The firm has a market capitalization of $2.45 billion, a PE ratio of 24.35 and a beta of 0.64. The company has a 50-day moving average price of $144.98 and a 200-day moving average price of $129.19.

National HealthCare Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, March 31st. National HealthCare’s dividend payout ratio (DPR) is currently 59.12%.

National HealthCare Company Profile

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.