NEW YORK (
National Health Investors
) hit a new 52-week high Thursday as it is currently trading at $49.20, above its previous 52-week high of $49 with 36,701 shares traded as of 10:58 a.m. ET. Average volume has been 76,000 shares over the past 30 days.
National Health Investors has a market cap of $1.3 billion and is part of the
industry. Shares are up 7.9% year to date as of the close of trading on Wednesday.
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 21.5, above the average real estate industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 16.9.
- Practice your NHI trading strategies and win cash in our stock game.
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, solid stock price performance and good cash flow from operations. 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
52-week high stocks
or get investment ideas from our