Why I’m Kicking Myself For Missing Out On Regional Health Properties, Inc. (RHE)

The stock is currently hovering around the first support level of $1.32. Below this, the next support is placed in the zone of $0.76. Till the time, the RHE stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 60.45 on daily chart, which may remain a cause for concern. If the price breaks below $0.76 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $2.41 mark may result into a pull-back move towards $2.94 level.

On 8th of January, Regional Health Properties, Inc. (NYSE:RHE) shares ended higher after a volatile session. The shares accumulated 0.6 points or 46.88 percent at $1.88 with a light trade volume of 6.634 million shares. After opening the session at $1.29, the shares went as high as $2.38 and as low as $1.29, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $3.55 million and now has 1.89 million shares outstanding. Regional Health Properties, Inc. (RHE) stock has gained 14.86 percent of market value in 21 trading days.

RHE stock has a trailing 3-year beta of -0.01, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $-10.4 a share in the trailing twelve months. The stock’s value has surged 20.51 percent year to date (YTD) against a decline of -27.47 percent in 12 month’s time. The company’s shares still trade -82.2 percent away from its 1-year high of $10.56 and 161.11 percent up from 52-week low of $0.72. The average consensus rating on the company is 0, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of Regional Health Properties, Inc. (RHE) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry RHE operates in has an average P/E of 23.97. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 0.16 on the Price-to-Sales ratio. Compare this with the industry average P/S of 3.13. 0 percent is the gross profit margin for Regional Health Properties, Inc. and operating margin sits at -17.6 percent. Along with this, the net profit margin is -75 percent.

Let’s take a look at some insider activity at Regional Health Properties, Inc. (NYSE:RHE) and see the pattern. The earliest insider trade took place on 12/01/2016. Mcbride William Iii gathered a total of 5 thousand shares of company at average share price of $1.6. The total for the purchase was set at $8 thousand. After this transaction, the Chairman & CEO account balance stood at 280.14 thousand shares. The stock lost -20 percent since that insider purchase. On 11/30/2016, Rimland Allan J, President & CFO, purchased 10.7 thousand shares at a price per share of $1.62. This added 17.33 thousand shares to the insider’s fortune and the stock saw a -20.99 percent retreat in value since the news became public. This transaction left 179.86 thousand shares in the President & CFO account.

On 11/28/2016, Chairman & CEO Mcbride William Iii performed a purchase transaction worth $15.8 thousand. This purchase at $1.58 each has added 10 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded -18.99 percent decrease since the transaction was reported. The insider now is left with 275.14 thousand shares remaining in the account. Mcbride William Iii, who performs the Chairman & CEO job, bought 10 thousand shares for $16.1 thousand. The acquisition occurred on 11/21/2016 was priced at $1.61 per share. The share price plunged -20.5 percent since the reporting date. Mcbride William Iii now left with a stake of 265.14 thousand RHE stock worth $498.47 thousand after the insider buying.