Regional Health Properties Inc (RHE): Are Investors Missing The Big Picture?

money audit

Regional Health Properties Inc (AMEX:RHE) does about 84.84K shares in volume on a normal day but saw 41530768 shares change hands in the recent trading day. The company now has a market cap of 6.62M USD. Its current market price is $3.56, marking an increase of 129.68% compared to the previous close of $1.55. The 52 week high reached by this stock is $3.08 whilst the lowest price level in 52 weeks is $1.13.

Regional Health Properties Inc (RHE) has a 20-day trading average at $1.6600 and the current price is 15.77% off the 52-week high compared with 215.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.6700 and its 200-day simple moving average is $2.1100. If we look at the stock’s price movements over the week, volatility stands at 32.27%, which decreases to 11.39% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 90.52 to suggest the stock is overbought.

The consensus objective for the share price is $6.50, suggesting that the stock has a potential upside of 45.23% over the period.

The current price level is 114.68%, 113.43%, and 68.91% away from its SMA20, SMA50, and SMA200 respectively, with the RHE price moving below the 50-day SMA on current market day. Regional Health Properties Inc (RHE) stock is up 129.68% over the week and 105.67% over the past month. Its price is 127.67% year-to-date and 69.91% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 45.23 percent from here.

The company has a return on investment of -5.93% and return on equity of -533.71%. The beta has a value of 0.96. Price to sales ratio is 0.39.