Strawberry Fields REIT (NYSEAMERICAN:STRW) Trading Down 1.5% – Here’s Why

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW)’s share price fell 1.5% during mid-day trading on Friday . The company traded as low as $13.01 and last traded at $13.05. 35,846 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 20,532 shares. The stock had previously closed at $13.25.

Strawberry Fields REIT Stock Down 1.5%

The company has a market cap of $171.22 million, a PE ratio of 21.05 and a beta of 0.36. The stock’s 50 day simple moving average is $13.15 and its two-hundred day simple moving average is $12.14.

Strawberry Fields REIT (NYSEAMERICAN:STRW) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.18). The company had revenue of $39.71 million for the quarter, compared to analysts’ expectations of $38.41 million. Strawberry Fields REIT had a net margin of 4.83% and a return on equity of 9.37%. Analysts forecast that Strawberry Fields REIT, Inc. will post 1.12 EPS for the current year.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas. The 109 healthcare facilities comprise 99 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals.