National Health Investors Reaches New 52-Week High (NHI)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $49.59, above its previous 52-week high of $49.55 with 64,809 shares traded as of 12:16 p.m. ET. Average volume has been 110,100 shares over the past 30 days.
National Health Investors has a market cap of $1.3 billion and is part of the
sector and
industry. Shares are up 10.1% year to date as of the close of trading on Tuesday.
National Health Investors, Inc., a real estate investment trust (REIT), invests in health care properties, primarily in the long-term care industry in the United States. The company has a P/E ratio of 18.8, above the average real estate industry P/E ratio of 16.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates National Health Investors as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full
National Health Investors Ratings Report
.
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