Extendicare (OTCMKTS:EXETF) Trading Down 1.9% – Here’s What Happened

Extendicare Inc. (OTCMKTS:EXETFGet Free Report) dropped 1.9% during trading on Thursday . The stock traded as low as $24.3055 and last traded at $24.3055. Approximately 8,764 shares were traded during mid-day trading, an increase of 171% from the average daily volume of 3,233 shares. The stock had previously closed at $24.77.

Wall Street Analyst Weigh In

EXETF has been the subject of several research analyst reports. TD Securities reiterated a “buy” rating on shares of Extendicare in a report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Extendicare in a report on Monday, May 11th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

View Our Latest Analysis on EXETF

Extendicare Stock Performance

The stock has a 50 day simple moving average of $21.22 and a 200-day simple moving average of $17.95.

Extendicare Company Profile

(Get Free Report)

Extendicare Inc (OTCMKTS:EXETF) is a Canada-based senior care provider headquartered in Markham, Ontario. The company specializes in the ownership and operation of long-term care homes, retirement residences and home health care services. It is publicly listed on the Toronto Stock Exchange under the symbol EXE and trades in the over-the-counter market as EXETF.

Extendicare’s operations are organized into two primary segments. The Long-Term Care & Retirement Living division operates approximately 120 facilities under the Extendicare and EspritVitalité banners, serving residents in Ontario, Alberta, Saskatchewan and parts of Atlantic Canada.

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