CareTrust REIT, Inc. stock performance trend indicates that the stock price has rallied 4.82% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.44% . Looking at the past 52 week period, the stock price is up at 32.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of CareTrust REIT, Inc. has a positive value of 19.18 compared to overall market.CareTrust REIT, Inc. is having a Relative Strength Index of 62.81 which indicates the stock is not yet over sold or over bought based on the technical indicators.
CareTrust REIT, Inc. (NASDAQ:CTRE) has climbed 6.86% in the past week and advanced 3.52% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.61% and the outperformance has advanced to 2.34% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. CareTrust REIT, Inc. (NASDAQ:CTRE) : On Friday heightened volatility was witnessed in CareTrust REIT, Inc. (NASDAQ:CTRE) which led to swings in the share price. The stock opened for trading at $15.68 and hit $15.93 on the upside , eventually ending the session at $15.88, with a gain of 1.02% or 0.16 points. The heightened volatility saw the trading volume jump to 1,372,205 shares. The 52-week high of the share price is $15.93 and the company has a market cap of $1,069 million. The 52-week low of the share price is at $11.46 .
Company has reported several Insider transactions to the SEC, on Nov 16, 2015, Gary B Sabin (director) purchased 20,000 shares at 10.25 per share price.On Aug 17, 2015, William M Wagner (CFO) purchased 35,000 shares at 10.50 per share price.On Aug 17, 2015, Gregory K. Stapley (CEO) purchased 50,000 shares at 10.50 per share price.
Caretrust REIT Inc Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.28 EPS for the quarter. Analyst had a consensus estimate of $0.28. The company had revenue of $28.20 million for the quarter, compared to analysts expectations of $27.89 million. The companys revenue was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.
CareTrust REIT, Inc. is a real estate investment trust. It is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company leases healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust REIT, Inc. is based in United States.