CareTrust REIT (CTRE) : The value of composite uptick trades was $0.7 million, whereas, the value of composite downtick trades was $3.59 million. The uptick to downtick ratio stood at 0.19 with a negative money flow of ($2.89) Million during Mondays trading session. The block trades money flow was negative ($3.09 million). The transaction of the trades on downticks amounted to $3.09 million, which confirms investors selling on the strength of price. CareTrust REIT (CTRE) gained 7 cents at $15.16, an increase of 0.46% over the previous days close.
Shares of CareTrust REIT, Inc. rose by 4.42% in the last five trading days and 5% for the last 4 weeks. CareTrust REIT, Inc. is up 13.86% in the last 3-month period. Year-to-Date the stock performance stands at 38.08%.
CareTrust REIT (NASDAQ:CTRE): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.12 and $15.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.12, notching a gain of 0.20% for the day. The total traded volume was 513,325 . The stock had closed at $15.09 on the previous day.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Caretrust Reit, Inc., Sabin Gary B had purchased shares worth of $205,000 in a transaction dated on November 16, 2015. A total of 20,000 shares were purchased at a price of $10.25 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
CareTrust REIT, Inc. (CareTrust) is a self-administered, self-managed real estate investment trust (REIT). The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company operates through an umbrella partnership, in which all of the Companys properties and assets are held through CTR Partnership, L.P. (the Operating Partnership). The Operating Partnership is managed by CareTrusts wholly owned subsidiary, CareTrust GP, LLC, which is the sole general partner of the Operating Partnership. The Companys portfolio consists of Skilled Nursing Facilities (SNF), Assisted Living Facilities (ALF) and Independent Living Facilities (ILF). The Companys portfolio of SNFs, ALFs and ILFs are diversified by geographic location throughout the western United States, with concentrations in Texas and California.