What’s Ahead for Quality Care Properties, Inc. (QCP) After Today’s Huge Increase?

March 14, 2018 - By Vivian Currie

The stock of Quality Care Properties, Inc. (NYSE:QCP) is a huge mover today! The stock increased 3.13% or $0.59 during the last trading session, reaching $19.47. About 1.36M shares traded or 59.22% up from the average. Quality Care Properties, Inc. (NYSE:QCP) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 5 months positive chart setup for the $1.83B company. It was reported on Mar, 14 by Barchart.com. We have $21.22 PT which if reached, will make NYSE:QCP worth $164.34M more.

More important recent Quality Care Properties, Inc. (NYSE:QCP) news were published by: Reuters.com which released: “BRIEF-Quality Care Properties To Take Over Ownership Of HCR Manorcare” on March 02, 2018, also Toledoblade.com published article titled: “Respect Toledo links in the HCR ManorCare shuffle”, Fool.com published: “Here’s Why Quality Care Properties Is Soaring Today” on March 02, 2018. More interesting news about Quality Care Properties, Inc. (NYSE:QCP) was released by: Prnewswire.com and their article: “Quality Care Properties, Inc. Files Form 10-K” with publication date: March 02, 2018.

Quality Care Properties, Inc. is one of the nation's largest actively managed real estate companies focused on post-acute/skilled nursing and memory care/assisted living properties. The company has market cap of $1.83 billion. QCP's properties are located in 29 states and include 257 post-acute/skilled nursing properties, 61 memory care/assisted living properties, a surgical hospital and a medical office building. It currently has negative earnings.

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