Kindred Healthcare (KND) Shares are Up 2.05%

Kindred Healthcare (KND) : Traders are bullish on Kindred Healthcare (KND) as it has outperformed the S&P 500 by a margin of 3.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.43%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.05% in the last 1 week, and is up 10.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Kindred Healthcare (NYSE:KND): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.34 and $12.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.42, notching a gain of 0.81% for the day. The total traded volume was 771,956 . The stock had closed at $12.32 on the previous day.


The stock has recorded a 20-day Moving Average of 5.55% and the 50-Day Moving Average is 5.28%. Kindred Healthcare Inc. has dropped 13.37% during the last 3-month period . Year-to-Date the stock performance stands at 6.39%.

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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