Emeritus Stock Falls On Unusually High Volume (ESC)

NEW YORK (TheStreet) -- Emeritus Corporation (NYSE:ESC) is trading at unusually high volume Monday with 552,913 shares changing hands. It is currently at 4.1 times its average daily volume and trading down 80 cents (-3.8%) at $20.36 as of 3:42 p.m. ET.

Emeritus has a market cap of $971.5 million and is part of the health care sector and health services industry. Shares are up 7.4% year to date as of the close of trading on Friday.

Emeritus Corporation operates senior living communities that provide assisted living, and Alzheimer's and dementia care services to senior citizens in the United States.

TheStreet Ratings rates Emeritus as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Emeritus Ratings Report.

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