Kindred Healthcare Stock Gaps Up On Today's Open (KND)

NEW YORK ( TheStreet) -- Shares of Kindred Healthcare (NYSE: KND) were gapping up Wednesday morning with an open price 18.4% higher than Tuesday's closing price. The stock closed at $8.30 Tuesday and opened today's trading at $9.83.

The average volume for Kindred Healthcare has been 772,000 shares per day over the past 30 days. Kindred Healthcare has a market cap of $406.5 million and is part of the health care sector and health services industry. Shares are down 29.5% year to date as of the close of trading on Tuesday.

Kindred Healthcare, Inc. operates as a healthcare services company in the United States.

TheStreet Ratings rates Kindred Healthcare as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, 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.

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