Extendicare traded at 30.17 this Wednesday May 6th, decreasing 0.03 or 0.10 percent since the previous trading session. Looking back, over the last four weeks, Extendicare lost 6.46 percent. Over the last 12 months, its price rose by 120.38 percent. Looking ahead, we forecast Extendicare to be priced at 29.57 by the end of this quarter and at 27.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Extendicare Inc. is a Canada-based company that offers senior care across Canada. The Company’s segments include long-term care (LTC); retirement living; home health care; other Canadian operations and Remaining U.S. The long-term care segment owns and operates LTC centers, inclusive of a standalone designated supportive living center and a designated supportive living wing in Alberta, and retirement wings in Ontario. The retirement living segment owns and operates retirement living communities under the Esprit Lifestyle Communities brand. The home health care segment provides home health care services through ParaMed. The Company’s other Canadian operations are composed of its contract services and consulting provided by Extendicare Assist and its purchasing services. The Remaining U.S segment consists of its wholly owned Bermuda based captive insurance company, Laurier Indemnity Company, Ltd.