Skilled Healthcare Group Stock Gaps Down On Today's Open (SKH)
Shares of Skilled Healthcare Group (NYSE:SKH) were gapping down Wednesday morning with an open price 10.8% lower than Tuesday's closing price. The stock closed at $4.80 yesterday and opened today's trading at $4.28.
NEW YORK ( TheStreet) -- Shares of Skilled Healthcare Group (NYSE: SKH) were gapping down Wednesday morning with an open price 10.8% lower than Tuesday's closing price. The stock closed at $4.80 Tuesday and opened today's trading at $4.28. The average volume for Skilled Healthcare Group has been 682,200 shares per day over the past 30 days. Skilled Healthcare Group has a market cap of $89.2 million and is part of the health care sector and health services industry. Shares are down 46.5% year to date as of the close of trading on Tuesday. Skilled Healthcare Group, Inc., through its subsidiaries, operates skilled nursing facilities, assisted living facilities, hospices, home health providers, and a rehabilitation therapy business. The company has a P/E ratio of 20.1, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Skilled Healthcare Group as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and poor profit margins. You can view the full Skilled 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.
Investors eyeing a purchase of Skilled Healthcare Group Inc stock, but tentative about paying the going market price of $8.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $7.50 strike, which has a bid at the time of this writing of 40 cents.