Extendicare (OTCMKTS:EXETF) Shares Down 0.2% – What’s Next?

Extendicare Inc. (OTCMKTS:EXETF)’s share price dropped 0.2% during trading on Tuesday . The stock traded as low as $26.0750 and last traded at $26.0750. 28,424 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 31,450 shares. The stock had previously closed at $26.14.

Analysts Set New Price Targets

Several research analysts recently weighed in on EXETF shares. TD Securities reissued a “buy” rating on shares of Extendicare in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Extendicare in a research report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Extendicare Trading Down 0.2%

The company has a fifty day simple moving average of $23.84 and a two-hundred day simple moving average of $20.17.

About Extendicare

Extendicare Inc (OTCMKTS:EXETF) is a Canada-based senior care provider headquartered in Markham, Ontario. The company specializes in the ownership and operation of long-term care homes, retirement residences and home health care services. It is publicly listed on the Toronto Stock Exchange under the symbol EXE and trades in the over-the-counter market as EXETF.

Extendicare’s operations are organized into two primary segments. The Long-Term Care & Retirement Living division operates approximately 120 facilities under the Extendicare and EspritVitalité banners, serving residents in Ontario, Alberta, Saskatchewan and parts of Atlantic Canada.