Published On: Fri, Sep 9th, 2016

AdCare Health Systems, Inc. (ADK) Stock Price Up 2.7%

Shares of AdCare Health Systems, Inc. (NYSE:ADK) rose 2.7% on Thursday . The stock traded as high as $2.36 and last traded at $2.27, with a volume of 100,783 shares trading hands. The stock had previously closed at $2.21.
The firm’s 50 day moving average is $2.27 and its 200-day moving average is $2.15. The stock’s market capitalization is $43.91 million.

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AdCare Health Systems (NYSE:ADK) last issued its earnings results on Monday, August 15th. The company reported ($0.34) earnings per share for the quarter. The firm had revenue of $7.20 million for the quarter, compared to analyst estimates of $4.50 million. Equities analysts forecast that AdCare Health Systems, Inc. will post ($0.28) earnings per share for the current year.
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.

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