Kindred Healthcare (KND) Shares are Down -6.26%

Kindred Healthcare (KND) : During the past 4 weeks, traders have been relatively bearish on Kindred Healthcare (KND), hence the stock is down -17.15% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.23% relative to the S&P 500. The 4-week change in the price of the stock is -16.83% and the stock has fallen -6.26% in the past 1 week.

Kindred Healthcare Inc. has dropped 9.97% during the last 3-month period . Year-to-Date the stock performance stands at -10.54%. The stock has recorded a 20-day Moving Average of 9.47% and the 50-Day Moving Average is 9.87%.


Kindred Healthcare (NYSE:KND): The stock opened at $10.44 on Friday but the bulls could not build on the opening and the stock topped out at $10.49 for the day. The stock traded down to $10.13 during the day, due to lack of any buying support eventually closed down at $10.33 with a loss of -1.71% for the day. The stock had closed at $10.51 on the previous day. The total traded volume was 679,223 shares.

Also, Major Brokerage house, UBS maintains its ratings on Kindred Healthcare (NYSE:KND). In the latest research report, UBS lowers the target price from $14 per share to $12.5 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 9, 2016.

Kindred Healthcare, Inc. is a healthcare services company that through its subsidiaries operates transitional care (TC) hospitals, inpatient rehabilitation hospitals (IRFs), nursing centers, assisted living facilities, a contract rehabilitation services business and a home health and hospice business across the United States. The Company operates through five segments: hospitals, nursing centers, skilled nursing rehabilitation services (SRS), hospital rehabilitation services (HRS) and home health and hospice services. The Companys hospital division provides long-term acute care services to medically complex patients. The Companys nursing center division operates through 90 nursing centers and seven assisted living facilities in 18 states. Its rehabilitation division provided rehabilitation services primarily in hospitals and long-term care settings. Its care management division primarily provided home health, hospice and private duty services from 143 locations in 13 states.

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