Sienna Senior Living (OTCMKTS:LWSCF) Trading Down 3% – Here’s What Happened

Sienna Senior Living Inc. (OTCMKTS:LWSCF)’s share price dropped 3% on Thursday . The company traded as low as $16.89 and last traded at $16.89. Approximately 114 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,920 shares. The stock had previously closed at $17.41.

Analysts Set New Price Targets

LWSCF has been the topic of a number of analyst reports. Scotiabank restated an “outperform” rating on shares of Sienna Senior Living in a research note on Thursday. TD Securities restated a “buy” rating on shares of Sienna Senior Living in a research note on Thursday. Finally, BMO Capital Markets restated an “outperform” rating on shares of Sienna Senior Living in a research note on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Sienna Senior Living Trading Up 0.2%

The firm’s 50-day simple moving average is $16.59 and its two-hundred day simple moving average is $15.60.

About Sienna Senior Living

Sienna Senior Living Inc (OTCMKTS:LWSCF) is a Canadian seniors’ housing and care provider headquartered in Markham, Ontario. The company develops, owns and operates a diversified portfolio of retirement residences and long-term care homes, offering a range of accommodation and care levels tailored to seniors’ needs. Services at its communities include independent and assisted living, memory care for residents with Alzheimer’s disease or related conditions, and specialized nursing and rehabilitation programs.

In addition to its brick-and-mortar communities, Sienna Senior Living extends care into the home through its Carefor Health & Community Services division.