Sienna Senior Living (OTCMKTS:LWSCF) Stock Price Up 0.6% – Should You Buy?

Sienna Senior Living Inc. (OTCMKTS:LWSCF) shares rose 0.6% during trading on Thursday . The stock traded as high as $15.46 and last traded at $15.46. Approximately 24,699 shares were traded during trading, an increase of 129% from the average daily volume of 10,783 shares. The stock had previously closed at $15.3701.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LWSCF. TD Securities reaffirmed a “buy” rating on shares of Sienna Senior Living in a research report on Thursday, May 7th. BMO Capital Markets reissued an “outperform” rating on shares of Sienna Senior Living in a report on Monday, February 23rd. Finally, Scotiabank restated an “outperform” rating on shares of Sienna Senior Living in a research note on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Sienna Senior Living Stock Performance

The stock has a 50-day simple moving average of $16.17 and a 200 day simple moving average of $15.98.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (OTCMKTS:LWSCF) is a Canadian seniors’ housing and care provider headquartered in Markham, Ontario. The company develops, owns and operates a diversified portfolio of retirement residences and long-term care homes, offering a range of accommodation and care levels tailored to seniors’ needs. Services at its communities include independent and assisted living, memory care for residents with Alzheimer’s disease or related conditions, and specialized nursing and rehabilitation programs.

In addition to its brick-and-mortar communities, Sienna Senior Living extends care into the home through its Carefor Health & Community Services division.