Regional Health Properties, Inc. (NYSEAMERICAN:RHE) Director David A. Tenwick sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 9th. The stock was sold at an average price of $18.00, for a total transaction of $90,000.00. Following the sale, the director now directly owns 36,985 shares in the company, valued at approximately $665,730. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Regional Health Properties stock traded down $1.03 during midday trading on Thursday, reaching $13.26. 955,060 shares of the stock were exchanged, compared to its average volume of 3,413,620. The firm has a fifty day simple moving average of $1.74. The stock has a market cap of $22.41 million, a price-to-earnings ratio of -2.64 and a beta of 0.18. Regional Health Properties, Inc. has a 52 week low of $1.13 and a 52 week high of $27.72.
Regional Health Properties (NYSEAMERICAN:RHE) last posted its earnings results on Thursday, April 1st. The company reported ($1.90) earnings per share for the quarter. The firm had revenue of $3.73 million for the quarter. Regional Health Properties had a negative return on equity of 1.76% and a negative net margin of 3.25%.
About Regional Health Properties
Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. The company's facilities offer a range of healthcare and related services to patients and residents, including skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for long-term and short-stay patients and residents.
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