The stock is trading at $22.94 a bit higher than the 50 day moving average which is $21.67 and which is quite a bit higher than the 200 day moving average of $20.54. The 50 day moving average went up $1.27 or +5.86% and the 200 day average went up $2.40 or +11.67%. Trading was light with 4,118 shares changing hands on Tuesday. Trading volume was down 97.48% under the stocks average daily volume.
Traders are more bullish on the company lately considering the change in short interest. The stock recorded a fall in short interest of -16.58% as of September 29, 2017 from the last reporting period. Short shares fell 533,074 over that period. The short-interest ratio increased to 21.0 and the percentage of shorted shares is 0.05% as of September 29.
Here is a rundown on some insider market activity for The Ensign Group, Inc. (NASDAQ:ENSG). Antoinette T. Hubenette, Director let go of $52,375 worth of shares at an average price of $20.95 on September 12th. The Director now owns $515,915 of the stock as reported to the SEC. Barry Port, VP disclosed the sale of 177 shares of (ENSG). The shares were sold on September 6th for an average price of $20.89. Port now owns $2,607,908 of the stock per the Form 4 SEC filing.
Chad Keetch, Executive VP and Secretary reported the sale of 332 shares of ENSG stock. The shares were purchased at an average price of $20.89. The Executive VP and Secretary now owns $903,994 of the stock according to the SEC filing.
Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Btim Corp. had disposed of 3,800 shares trimming its stake by 2.6%. The value of the investment in The Ensign Group, Inc. increased from $3,186,000 to $3,220,000 a change of $34,000 quarter to quarter. As of quarter end Creative Planning had bought a total of 355 shares growing its position 0.9%. The value in dollars went from $864,000 to $905,000 increasing 4.7% since the last quarter.
Bank Of Montreal /can/ augmented its ownership by buying 676 shares an increase of 45.1%. Bank Of Montreal /can/ controls 2,174 shares worth $49,000. The value of the position overall is up by 48.5%. As of quarter end Reilly Financial Advisors, LLC had disposed of a total of 2,775 shares trimming its holdings by 5.8%. The value of the company’s investment in The Ensign Group, Inc. decreased from $1,033,000 to $1,009,000 a change of 2.3% quarter over quarter.
The company is trading down since yesterday’s close of 23.02. Additionally the company recently declared a dividend that was paid on Monday July 31st, 2017. The dividend was $0.043 per share for the quarter which is $0.17 annualized. This dividend amount was represent a yield of $0.75. The ex-dividend date was set for Thursday the 28th of September 2017.
The P/E ratio is currently 26.71 and the market cap of the company is 1.17B. In the latest earnings report the EPS was $0.86 and is projected to be $1.46 for the current year with 50,868,000 shares presently outstanding. Next quarter’s EPS is estimated at $0.43 and the next full year EPS is projected to be $1.59.
The Ensign Group, Inc., launched on May 27, 1999, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin. The Business’s operating subsidiaries provide a spectrum of skilled nursing, assisted living, home health and hospice, and other ancillary services. Its segments include transitional and skilled services segment, which includes the operation of skilled nursing facilities; assisted and independent living services segment, which includes the operation of assisted and independent living facilities; home health and hospice services segment, which includes its home health, home care and hospice businesses, and all other segment, which includes its mobile diagnostics and other ancillary operations. As of May 11, 2017, the Company operated 215 healthcare facilities, 20 hospice agencies, 18 home health agencies and three home care businesses across 14 states..