The Ensign Group, Inc. (ENSG) broke out to the upside again on Friday, printing a new 52 week high of $26.97. Volume has exploded with more than 270.000 ENSG shares already trading hands compared to a daily average volume of just 110,000.
The consensus price target of analysts covering the co.’s stock is $24.63 per share.
ENSG currently trades at a trailing P/E of 14.49, a forward multiple of 13.03 and a P/E to Growth ratio of 0.86. The equity’s 50-day moving average is $21.45 and its 200-day moving average is $18.51.
Mission Viejo, Calif. – based Ensign Group, Inc., through its subsidiaries, provides nursing and rehabilitative care services in California, Arizona, Texas, Washington, Utah, Colorado, and Idaho.
At last check [2:43 p.m. EST], ENSG shares were up over 5.01% to $25.77 in trading on the Nasdaq. In the past year, The Ensign Group has hit a 52-week low of $15.01 and 52-week high of $24.81 [Dec. 30, 2010].