Diversified Healthcare Trust (NASDAQ: DHC) is -5.88% lower on its value in year-to-date trading and has touched a low of $1.94 and a high of $4.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DHC stock was last observed hovering at around $3.47 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $3.52, the stock is -1.76% and -2.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 1.44% at the moment leaves the stock 17.15% off its SMA200. DHC registered 58.56% gain for a year compared to 6-month gain of 37.50%. The firm has a 50-day simple moving average (SMA 50) of $3.617 and a 200-day simple moving average (SMA200) of $3.0015.
The stock witnessed a -9.74% loss in the last 1 month and extending the period to 3 months gives it a 11.75%, and is 1.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.06% over the week and 4.64% over the month.
Profit margin for the company is -24.14%. Distance from 52-week low is 81.44% and -16.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.92%).
with sales reaching $380.17M over the same period., but quarterly earnings will post 7.10% year-over-year.
Diversified Healthcare Trust (DHC) Top Institutional Holders
259.0 institutions hold shares in Diversified Healthcare Trust (DHC), with institutional investors hold 82.82% of the company’s shares. The shares outstanding are 240.42M, and float is at 215.13M with Short Float at 3.06%. Institutions hold 74.33% of the Float.
The top institutional shareholder in the company is FLAT FOOTED LLC with over 23.49 million shares valued at $71.64 million. The investor’s holdings represent 9.8193% of the DHC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.72 million shares valued at $60.15 million to account for 8.245 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 17.47 million shares representing 7.3033% and valued at over $53.28 million, while SILVER POINT CAPITAL L.P. holds 6.4821 of the shares totaling 15.5 million with a market value of $47.29 million.
Diversified Healthcare Trust (DHC) Insider Activity
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