Brookdale Senior Living (BKD) : Traders are bullish on Brookdale Senior Living (BKD) as it has outperformed the S&P 500 by a wide margin of 2.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.99%, 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 4.51% in the last 1 week, and is up 2.56% 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 2.7% and the 50-Day Moving Average is 4.1%.The 200 Day SMA reached 2.64%. Brookdale Senior Living Inc. has dropped 2.6% during the last 3-month period . Year-to-Date the stock performance stands at -4.66%.
Brookdale Senior Living (NYSE:BKD): After opening at $17.05, the stock dipped to an intraday low of $16.94 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $17.62 and the buying power remained strong till the end. The stock closed at $17.6 for the day, a gain of 3.59% for the day session. The total traded volume was 2,103,207. The stocks close on the previous trading day was $16.99.
Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.