Extendicare (TSE:EXE) was downgraded by stock analysts at Echelon Wealth Partners from a “buy” rating to a “hold” rating in a research report issued on Monday, Zacks.com reports.
EXE has been the subject of several other research reports. Royal Bank of Canada boosted their price objective on Extendicare from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. National Bank Financial boosted their price objective on Extendicare from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a report on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Extendicare has a consensus rating of “Hold” and an average price target of C$9.00.
EXE traded up C$0.01 on Monday, reaching C$8.50. 66,729 shares of the stock were exchanged, compared to its average volume of 209,609. The company’s 50-day moving average price is C$8.97 and its 200 day moving average price is C$8.55. Extendicare has a fifty-two week low of C$5.95 and a fifty-two week high of C$9.60. The company has a debt-to-equity ratio of 483.66, a current ratio of 0.76 and a quick ratio of 0.68. The firm has a market capitalization of $757.94 million and a PE ratio of 28.75.
Extendicare Inc provides care and services for seniors in Canada. The company offers long term care services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management and consulting services to third-party owners.
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