Regional Health Properties Inc (RHE) Stock Could Soon Reward Patient Investors

Regional Health Properties Inc (AMEX: RHE) is 46.45% higher on its value in year-to-date trading and has touched a low of $1.13 and a high of $6.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RHE stock was last observed hovering at around $2.02 in the last trading session, with the day’s gains setting it 0.27%.

Currently trading at $2.29, the stock is 20.68% and 32.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 13.37% at the moment leaves the stock 9.23% off its SMA200. RHE registered 9.45% gain for a year compared to 6-month loss of 12.53%. The firm has a 50-day simple moving average (SMA 50) of $1.73392 and a 200-day simple moving average (SMA200) of $2.09231.

The stock witnessed a 51.66% gain in the last 1 month and extending the period to 3 months gives it a 18.16%, and is 2.69% 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 16.51% over the week and 16.38% over the month.

Regional Health Properties Inc (RHE) has around 7 employees, a market worth around $4.30M and $17.20M in sales. Profit margin for the company is -16.79%. Distance from 52-week low is 102.65% and -66.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.93%).

Regional Health Properties Inc (RHE) Top Institutional Holders

11.0 institutions hold shares in Regional Health Properties Inc (RHE), with institutional investors hold 2.05% of the company’s shares. The shares outstanding are 1.88M, and float is at 1.67M with Short Float at 1.10%. Institutions hold 1.76% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 16970.0 shares valued at $35128.0. The investor’s holdings represent 0.9228% of the RHE Shares outstanding. As of 2024-06-30, the second largest holder is TOWER RESEARCH CAPITAL LLC (TRC) with 1939.0 shares valued at $4014.0 to account for 0.1054 of the shares outstanding. The other top investors are WELLS FARGO & COMPANY/MN which holds 1002.0 shares representing 0.0545% and valued at over $2074.0, while UBS GROUP AG holds 0.0451 of the shares totaling 830.0 with a market value of $1718.0.