Blowout Quarter By Ensign Group Pushes It Pass $27.50 Sell Point
February 17, 2011
– Comments (0) |
RELATED TICKERS: ENSG
Ensign Group (ENSG), a company that I pitched on 11/1/2010 at $18.95/share, reported a blowout quarter yesterday, beating earnings estimates by 20%.
The price jumped 8% this morning, pushing it past the $27.50 sell point to $28.50 for a 50% 3 month gain.
Ensign Group provides nursing and rehabilitative care services in California, Arizona, Texas, Washington, Utah, Colorado, and Idaho. The company offers nursing and assisted living services; physical, occupational, and speech therapies; and other rehabilitative and healthcare services for long-term residents and short-stay rehabilitation patients.
On 2/9/11, the company announced that it had acquired CHRISTUS St. Joseph Villa, a continuing care retirement community located in Salt Lake City, Utah, and the CHRISTUS Marian Center, a behavioral health center operated within the St. Joseph Villa campus.
Vectorvest raised the worth of Ensign Group from $27.50 to $33.50.
For more info on Ensign Group, visit the website http://www.ensigngroup.net/
RSS Headlines
Fool UK