Senior Housing Properties Trust (SNH) : Traders are bullish on Senior Housing Properties Trust (SNH) as it has outperformed the S&P 500 by a wide margin of 1.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.3%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.23% in the last 1 week, and is up 4.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.55% and the 50-Day Moving Average is 9.84%. Senior Housing Properties Trust is up 26.34% in the last 3-month period. Year-to-Date the stock performance stands at 56.95%.
Senior Housing Properties Trust (NYSE:SNH): stock turned positive on Friday. Though the stock opened at $21.88, the bulls momentum made the stock top out at $22.38 level for the day. The stock recorded a low of $21.87 and closed the trading day at $22.21, in the green by 1.55%. The total traded volume for the day was 1,336,398. The stock had closed at $21.87 in the previous days trading.
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.