Senior Housing Stock Hits New 52-Week High (SNH)

Tickers in this article: SNH

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (TheStreet) -- Senior Housing Properties (SNH">SNH) hit a new 52-week high Wednesday as it is currently trading at $25.22, above its previous 52-week high of $25.21 with 285,113 shares traded as of 10:21 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Senior Housing has a market cap of $4.62 billion and is part of the financial sector and real estate industry. Shares are up 4% year to date as of the close of trading on Tuesday.

Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties. The company has a P/E ratio of 30.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Senior Housing as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Senior Housing Ratings Report.

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