Regional Health Properties (NYSEAMERICAN:RHE) Stock Price Up 0.7%

Shares of Regional Health Properties, Inc. (NYSEAMERICAN:RHE) rose 0.7% on Thursday . The company traded as high as $2.92 and last traded at $2.88. Approximately 9,776 shares were traded during trading, an increase of 84% from the average daily volume of 5,308 shares. The stock had previously closed at $2.86.

Regional Health Properties Price Performance

Regional Health Properties (NYSEAMERICAN:RHE) last released its quarterly earnings data on Monday, April 1st. The company reported ($0.13) EPS for the quarter. The company had revenue of $4.52 million during the quarter.

Institutional Investors Weigh In On Regional Health Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. bought a new stake in shares of Regional Health Properties in the third quarter worth about $25,000. Renaissance Technologies LLC bought a new stake in shares of Regional Health Properties in the third quarter worth about $40,000. Two Sigma Securities LLC bought a new stake in shares of Regional Health Properties in the first quarter worth about $54,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Regional Health Properties in the first quarter worth about $106,000. Institutional investors own 1.02% of the company’s stock.

Regional Health Properties Company Profile

Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.