Kindred Healthcare (KND) Shares Slide -1.29%

Kindred Healthcare (KND) has risen sharply, recording gains of 4.7% in the past 4 weeks. However, the stock has corrected -1.29% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.29% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.91% and the 50-Day Moving Average is 3.95%. Kindred Healthcare Inc. has dropped 16.1% during the last 3-month period . Year-to-Date the stock performance stands at 5.02%.


Kindred Healthcare (NYSE:KND): stock turned positive on Friday. Though the stock opened at $11.96, the bulls momentum made the stock top out at $12.41 level for the day. The stock recorded a low of $11.77 and closed the trading day at $12.26, in the green by 2.51%. The total traded volume for the day was 1,339,615. The stock had closed at $11.96 in the previous days trading.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.