Sienna Senior Living (OTCMKTS:LWSCF) Shares Up 0.8% – Time to Buy?

Sienna Senior Living Inc. (OTCMKTS:LWSCF) shares rose 0.8% on Monday . The stock traded as high as $16.1540 and last traded at $16.1540. 55,705 shares changed hands during trading, an increase of 91% from the average daily volume of 29,100 shares. The stock had previously closed at $16.0280.

Wall Street Analysts Forecast Growth

LWSCF has been the subject of several analyst reports. TD Securities reissued a “buy” rating on shares of Sienna Senior Living in a report on Thursday, May 7th. Scotiabank reaffirmed an “outperform” rating on shares of Sienna Senior Living in a report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Sienna Senior Living currently has a consensus rating of “Moderate Buy”.

Sienna Senior Living Stock Up 0.8%

The firm’s 50 day moving average is $15.82 and its 200-day moving average is $16.08.

About Sienna Senior Living

Sienna Senior Living Inc (OTCMKTS:LWSCF) is a Canadian seniors’ housing and care provider headquartered in Markham, Ontario. The company develops, owns and operates a diversified portfolio of retirement residences and long-term care homes, offering a range of accommodation and care levels tailored to seniors’ needs. Services at its communities include independent and assisted living, memory care for residents with Alzheimer’s disease or related conditions, and specialized nursing and rehabilitation programs.

In addition to its brick-and-mortar communities, Sienna Senior Living extends care into the home through its Carefor Health & Community Services division.