On 12/4/23, National Healthcare Corp (NYSEAMERICAN: NHC) stock enjoyed a major increase of 11.2%, closing at $86.30. Moreover, exceptionally high trading volume at 1066% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.2% during the last week.
Current PriceTarget Research Rating
NHC is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
National Healthcare has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. National Healthcare has a slightly negative Appreciation Score of 33 but a very high Power Rating of 93, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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