Sun Healthcare Group Stock Gaps Down On Today's Open (SUNH)
Shares of Sun Healthcare Group (Nasdaq:SUNH) were gapping down Friday morning with an open price 15.6% lower than Thursday's closing price. The stock closed at $13.64 yesterday and opened today's trading at $11.51.
NEW YORK ( TheStreet) -- Shares of Sun Healthcare Group (Nasdaq: SUNH) were gapping down Friday morning with an open price 15.6% lower than Thursday's closing price. The stock closed at $13.64 Thursday and opened today's trading at $11.51. The average volume for Sun Healthcare Group has been 184,400 shares per day over the past 30 days. Sun Healthcare Group has a market cap of $343.2 million and is part of the health care sector and health services industry. Shares are up 7.7% year to date as of the close of trading on Thursday. Sun Healthcare Group, Inc., together with its subsidiaries, provides nursing, rehabilitative, and related specialty healthcare services to nursing home patients in the United States. TheStreet Ratings rates Sun Healthcare Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Sun Healthcare Group Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.
Sun Healthcare Group (Nasdaq:SUNH) hit a new 52-week low Monday as it is currently trading at $2.65, below its previous 52-week low of $2.67 with 9,047 shares traded as of 9:31 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.