National HealthCare (NYSEAMERICAN:NHC) Sets New 1-Year High – Time to Buy?

Shares of National HealthCare Corporation (NYSEAMERICAN:NHC) hit a new 52-week high during trading on Monday . The stock traded as high as $147.22 and last traded at $146.9850, with a volume of 11641 shares changing hands. The stock had previously closed at $143.11.

National HealthCare Stock Up 2.3%

The company has a current ratio of 1.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.06. The stock’s 50-day moving average price is $137.50 and its 200-day moving average price is $122.80. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 22.65 and a beta of 0.64.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.58 EPS for the quarter. National HealthCare had a net margin of 6.75% and a return on equity of 9.52%. The business had revenue of $382.66 million for the quarter.

National HealthCare Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st were issued a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, December 31st. National HealthCare’s payout ratio is presently 59.12%.

About National HealthCare

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.