Omega Healthcare Investors (OHI) has risen sharply, recording gains of 1.47% in the past 4 weeks. However, the stock has corrected -3.5% in the past 1 week, providing a good buying opportunity on dips. Omega Healthcare Investors (OHI) : During the past 4 weeks, traders have been relatively bearish on Omega Healthcare Investors (OHI), hence the stock is down -1.83% 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 -3.43% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 2.52% and the 50-Day Moving Average is 6.08%. Omega Healthcare Investors Inc. is up 3.98% in the last 3-month period. Year-to-Date the stock performance stands at 3.98%.
Omega Healthcare Investors (NYSE:OHI): stock turned positive on Friday. Though the stock opened at $34.25, the bulls momentum made the stock top out at $34.8 level for the day. The stock recorded a low of $34.2 and closed the trading day at $34.5, in the green by 0.64%. The total traded volume for the day was 1,576,673. The stock had closed at $34.28 in the previous days trading.
Omega Healthcare Investors, Inc. (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout the United States. The Company provides lease or mortgage financing to qualified operators of skilled nursing facilities (SNFs) and assisted living facilities (ALFs), independent living facilities, rehabilitation and acute care facilities. It finances investments through borrowings under its revolving credit facilities, private placements or public offerings of its debt and equity securities, secured indebtedness, retention of cash flow or a combination of these methods. Its portfolio of real estate investments include over 900 properties located in 41 states and operated by 81 different operators. Its portfolio includes healthcare facilities and mortgages on healthcare facilities. It also offers fixed-rate mortgage loans.