Senior Housing Properties Trust (SNH) Shares are Up 6.21%

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 4.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.68%, 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 6.21% in the last 1 week, and is up 3.9% 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 4.49% and the 50-Day Moving Average is 5.54%.The 200 Day SMA reached 30.99%. Senior Housing Properties Trust is up 21.01% in the last 3-month period. Year-to-Date the stock performance stands at 61.97%.

Senior

Senior Housing Properties Trust (NYSE:SNH): After opening at $22.5, the stock dipped to an intraday low of $22.47 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $23.04 and the buying power remained strong till the end. The stock closed at $22.92 for the day, a gain of 2.00% for the day session. The total traded volume was 2,564,275. The stocks close on the previous trading day was $22.47.

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.

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