Senior Housing Properties Trust (SNH) has been under a strong bear grip, hence the stock is down -2.63% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.37% in the past 1 week. The stock has risen by 0.7% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.84% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.71% and the fifty day Moving Average is 0.41%. Senior Housing Properties Trust is up 15.15% in the last three month period. Year-to-Date the stock performance stands at 52.5%.
Senior Housing Properties Trust (SNH) : The highest level Senior Housing Properties Trust (SNH) is projected to reach is $25 for the short term and the lowest estimate is at $17. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $20.1 and the possibility the share price can swing is $3.68.
Senior Housing Properties Trust (NYSE:SNH): On Fridays trading session , Opening price of the stock was $21.95 with an intraday high of $22.08. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $21.42. However, the stock managed to close at $21.58, a loss of 1.78% for the day. On the previous day, the stock had closed at $21.97. The total traded volume of the day was 1,115,673 shares.
Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments. The first segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include leased independent living communities, assisted living communities and skilled nursing facilities. The second segment includes managed senior living communities that provide residential care and dining services for residents. Properties in this segment include managed independent living communities and assisted living communities. The third segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include medical office buildings (MOBs). The fourth segment includes the operating results of certain properties that offer fitness, wellness and spa services.