New Senior Investment Group Inc. [NYSE: SNR] plunged by -$0.01 during the normal trading session on Thursday and reaching a high of $9.33 during the day while it closed the day at $9.20. The company report on July 30, 2021 that NOTICE – IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Lydall, Inc. (NYSE – LDL), Raven Industries, Inc. (Nasdaq – RAVN), New Senior Investment Group Inc. (NYSE – SNR).
Brodsky & Smith reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions.If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.
Lydall, Inc. (NYSE:LDL).
New Senior Investment Group Inc. stock has also loss -0.65% of its value over the past 7 days. However, SNR stock has inclined by 38.76% in the 3 months of the year. Over the past six months meanwhile, it has gained 68.50% and gained 77.61% year-on date.
The market cap for SNR stock reached $771.14 million, with 82.82 million shares outstanding and 82.76 million shares in the current float. Compared to the average trading volume of 1.50M shares, SNR reached a trading volume of 2150216 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about New Senior Investment Group Inc. [SNR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SNR shares is $9.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SNR stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Colliers Securities have made an estimate for New Senior Investment Group Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 30, 2021. The new note on the price target was released on August 21, 2020, representing the official price target for New Senior Investment Group Inc. stock. Previously, the target price had yet another raise from $7.50 to $8.50, while CapitalOne kept a Overweight rating on SNR stock.
The Average True Range (ATR) for New Senior Investment Group Inc. is set at 0.24, with the Price to Sales ratio for SNR stock in the period of the last 12 months amounting to 2.34. The Price to Book ratio for the last quarter was 3.83, with the Price to Cash per share for the same quarter was set at 0.29.
SNR stock trade performance evaluation
New Senior Investment Group Inc. [SNR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.65. With this latest performance, SNR shares gained by 4.07% in over the last four-week period, additionally plugging by 68.50% over the last 6 months – not to mention a rise of 146.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SNR stock in for the last two-week period is set at 65.27, with the RSI for the last a single of trading hit 61.17, and the three-weeks RSI is set at 66.48 for New Senior Investment Group Inc. [SNR]. The present Moving Average for the last 50 days of trading for this stock 7.92, while it was recorded at 9.24 for the last single week of trading, and 6.25 for the last 200 days.
New Senior Investment Group Inc. [SNR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and New Senior Investment Group Inc. [SNR] shares currently have an operating margin of +13.46 and a Gross Margin at +20.88. New Senior Investment Group Inc.’s Net Margin is presently recorded at -6.29.
Return on Total Capital for SNR is now 2.48, given the latest momentum, and Return on Invested Capital for the company is -1.17. Return on Equity for this stock declined to -8.30, with Return on Assets sitting at -1.05. When it comes to the capital structure of this company, New Senior Investment Group Inc. [SNR] has a Total Debt to Total Equity ratio set at 665.77. Additionally, SNR Total Debt to Total Capital is recorded at 86.94, with Total Debt to Total Assets ending up at 83.90. Long-Term Debt to Equity for the company is recorded at 727.24, with the Long-Term Debt to Total Capital now at 86.36.
Reflecting on the efficiency of the workforce at the company, New Senior Investment Group Inc. [SNR] managed to generate an average of -$1,221,118 per employee. Receivables Turnover for the company is 37.27 with a Total Asset Turnover recorded at a value of 0.17.
New Senior Investment Group Inc. [SNR]: Insider Ownership positions
There are presently around $604 million, or 83.50% of SNR stock, in the hands of institutional investors. The top three institutional holders of SNR stocks are: VANGUARD GROUP INC with ownership of 8,028,338, which is approximately 0.084% of the company’s market cap and around 2.00% of the total institutional ownership; PRUDENTIAL FINANCIAL INC, holding 6,958,159 shares of the stock with an approximate value of $64.02 million in SNR stocks shares; and BLACKROCK INC., currently with $58.46 million in SNR stock with ownership of nearly 5.425% of the company’s market capitalization.
Positions in New Senior Investment Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 60 institutional holders increased their position in New Senior Investment Group Inc. [NYSE:SNR] by around 12,150,984 shares. Additionally, 71 investors decreased positions by around 5,510,089 shares, while 26 investors held positions by with 47,997,489 shares. The mentioned changes placed institutional holdings at 65,658,562 shares, according to the latest SEC report filing. SNR stock had 17 new institutional investments in for a total of 4,718,020 shares, while 24 institutional investors sold positions of 1,506,486 shares during the same period.