Kindred Healthcare (KND) : During the past 4 weeks, traders have been relatively bearish on Kindred Healthcare (KND), hence the stock is down -10.37% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.29% relative to the S&P 500. The 4-week change in the price of the stock is -9.45% and the stock has fallen -8.24% in the past 1 week.
The stock has recorded a 20-day Moving Average of 7.33% and the 50-Day Moving Average is 6.18%. Kindred Healthcare (NYSE:KND): On Fridays trading session , Opening price of the stock was $11.04 with an intraday high of $11.15. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.935. However, the stock managed to close at $11.02, a loss of 0.18% for the day. On the previous day, the stock had closed at $11.04. The total traded volume of the day was 771,822 shares.
The company Insiders own 2.25% of Kindred Healthcare shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.29% . Institutional Investors own 98.21% of Kindred Healthcare shares. During last six month period, the net percent change held by insiders has seen a change of -12.29%. Also, In the latest statement by the brokerage house, UBS maintains its outlook on Kindred Healthcare (NYSE:KND). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $14 per share to $12.5 per share. The rating by the firm was issued on August 9, 2016.
Kindred Healthcare, Inc. is a healthcare services company that through its subsidiaries operates transitional care (TC) hospitals, inpatient rehabilitation hospitals (IRFs), nursing centers, assisted living facilities, a contract rehabilitation services business and a home health and hospice business across the United States. The Company operates through five segments: hospitals, nursing centers, skilled nursing rehabilitation services (SRS), hospital rehabilitation services (HRS) and home health and hospice services. The Companys hospital division provides long-term acute care services to medically complex patients. The Companys nursing center division operates through 90 nursing centers and seven assisted living facilities in 18 states. Its rehabilitation division provided rehabilitation services primarily in hospitals and long-term care settings. Its care management division primarily provided home health, hospice and private duty services from 143 locations in 13 states.