Five Star Senior Living (FVE) Stock Price Up 1.1%
Shares of Five Star Senior Living Inc (NASDAQ:FVE) shot up 1.1% on Thursday . The stock traded as high as $0.45 and last traded at $0.44. 522,801 shares were traded during mid-day trading, an increase of 640% from the average session volume of 70,619 shares. The stock had previously closed at $0.44.
FVE has been the subject of several analyst reports. Zacks Investment Research downgraded Five Star Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, August 15th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $2.50 price objective (down from $3.00) on shares of Five Star Senior Living in a research note on Thursday, August 9th. Finally, ValuEngine raised Five Star Senior Living from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd.
The firm has a market capitalization of $33.89 million, a price-to-earnings ratio of -0.83 and a beta of 0.84. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.07.
A number of large investors have recently made changes to their positions in the business. Weber Alan W lifted its stake in shares of Five Star Senior Living by 720.9% during the 3rd quarter. Weber Alan W now owns 200,000 shares of the company’s stock worth $172,000 after purchasing an additional 175,636 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Five Star Senior Living by 10.5% during the 3rd quarter. Renaissance Technologies LLC now owns 1,136,337 shares of the company’s stock worth $977,000 after purchasing an additional 107,545 shares during the period. JBF Capital Inc. purchased a new position in shares of Five Star Senior Living during the 3rd quarter worth $239,000. Finally, Marquette Asset Management LLC purchased a new position in shares of Five Star Senior Living during the 2nd quarter worth $193,000. Hedge funds and other institutional investors own 19.34% of the company’s stock.
WARNING: This piece was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.thecerbatgem.com/2018/11/15/five-star-senior-living-fve-stock-price-up-1-1.html.
Five Star Senior Living Company Profile (NASDAQ:FVE)
Five Star Senior Living Inc operates and manages senior living communities in the United States. It operates through Senior Living Communities, and Rehabilitation and Wellness segments. Its senior living communities comprise independent living communities, assisted living communities, and skilled nursing facilities (SNFs).
Featured Story: How much money do you need to begin day trading?
Receive News & Ratings for Five Star Senior Living Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Star Senior Living and related companies with MarketBeat.com's FREE daily email newsletter.