Five Star Senior Living (FVE) Sets New 52-Week Low at $0.66

Five Star Senior Living Inc (NASDAQ:FVE)’s share price reached a new 52-week low on Friday . The company traded as low as $0.66 and last traded at $0.68, with a volume of 105082 shares trading hands. The stock had previously closed at $0.70.

A number of research firms have weighed in on FVE. Zacks Investment Research lowered Five Star Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, August 15th. Cantor Fitzgerald reiterated a “buy” rating and set a $2.50 price objective (down previously from $3.00) on shares of Five Star Senior Living in a research note on Thursday, August 9th. Finally, ValuEngine upgraded Five Star Senior Living from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd.

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market cap of $34.90 million, a price-to-earnings ratio of -1.26 and a beta of 0.84.

Five Star Senior Living (NASDAQ:FVE) last announced its quarterly earnings results on Thursday, August 9th. The company reported ($0.48) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.15) by ($0.33). Five Star Senior Living had a negative net margin of 2.63% and a negative return on equity of 36.10%. The business had revenue of $343.10 million during the quarter. As a group, analysts forecast that Five Star Senior Living Inc will post -1.14 earnings per share for the current year.

An institutional investor recently raised its position in Five Star Senior Living stock. Renaissance Technologies LLC lifted its holdings in Five Star Senior Living Inc (NASDAQ:FVE) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,028,792 shares of the company’s stock after purchasing an additional 73,277 shares during the period. Renaissance Technologies LLC owned about 2.04% of Five Star Senior Living worth $1,543,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 20.43% of the company’s stock.

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Five Star Senior Living Company Profile (NASDAQ:FVE)

Five Star Senior Living Inc operates and manages senior living communities in the United States. It operates through Senior Living Communities, and Rehabilitation and Wellness segments. Its senior living communities comprise independent living communities, assisted living communities, and skilled nursing facilities (SNFs).

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