Brookdale Senior Living (NYSE:BKD) has tumbled 3.83% during the past week and has dropped 10.93% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.68%. Brookdale Senior Living (NYSE:BKD) has underperformed the index by 11.74% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Brookdale Senior Living (NYSE:BKD): The stock opened at $16.22 on Friday but the bulls could not build on the opening and the stock topped out at $16.50 for the day. The stock traded down to $16.04 during the day, due to lack of any buying support eventually closed down at $16.06 with a loss of -0.56% for the day. The stock had closed at $16.15 on the previous day. The total traded volume was 2,374,414 shares.
The company shares have dropped -55.77% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $37.25 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $17.74 and the 200 Day Moving Average price is recorded at $16.89.
On the companys insider trading activities, Clegg Jackie M, director of Brookdale Senior Living Inc., executed a transaction worth $23,340 on March 4, 2016. A total of 1,500 shares were purchased at an average price of $15.56. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Currently the company Insiders own 1.32% of Brookdale Senior Living shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 7.96%.
Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.