Kindred Healthcare Stock Gaps Down On Today's Open (KND)
Shares of Kindred Healthcare (NYSE:KND) were gapping down Friday morning with an open price 15.3% lower than Thursday's closing price. The stock closed at $12.49 yesterday and opened today's trading at $10.58.
NEW YORK ( TheStreet) -- Shares of Kindred Healthcare (NYSE: KND) were gapping down Friday morning with an open price 15.3% lower than Thursday's closing price. The stock closed at $12.49 Thursday and opened today's trading at $10.58. The average volume for Kindred Healthcare has been 914,200 shares per day over the past 30 days. Kindred Healthcare has a market cap of $596.3 million and is part of the health care sector and health services industry. Shares are up 6.1% year to date as of the close of trading on Thursday. Kindred Healthcare, Inc. operates as a healthcare services company in the United States. It operates in three divisions: Hospital, Health Services, and Rehabilitation. The company has a P/E ratio of 13.8, above the average health services industry P/E ratio of 11.8 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Kindred Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Kindred Healthcare 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.