New Senior Investment Group (SNR) has risen sharply, recording gains of 1.42% in the past 4 weeks. However, the stock has corrected -1.14% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.63% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.01% and the fifty day Moving Average is 5.64%. New Senior Investment Group Inc. is up 22.21% in the last three month period. Year-to-Date the stock performance stands at 29.77%.
New Senior Investment Group (NYSE:SNR): On Fridays trading session , Opening price of the stock was $12.42 with an intraday high of $12.42. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.92. However, the stock managed to close at $12.16, a loss of 1.94% for the day. On the previous day, the stock had closed at $12.4. The total traded volume of the day was 930,394 shares.
New Senior Investment Group Inc. is a real estate investment trust (REIT) with a portfolio of senior housing properties across the United States. The Companys portfolio is categorized into two segments: Managed Properties, which are operated by property managers pursuant to property management agreements and Triple Net Lease Properties, which the Company lease to tenants. The Companys managed portfolio includes 42 assisted living, memory care and independent living properties. Its triple net lease portfolio includes 57 assisted living, memory care, independent living and continuing care retirement communities. The Company is an owner of senior housing properties and owns approximately 121 properties across 31 states. The Company has approximately 56 independent living (IL) properties, 40 assisted living/memory care (AL/MC) properties and four continuing care retirement communities (CCRC) properties.