Sunrise Senior Living, Inc. (NYSE:SRZ) – Today’s First Hour Active Mover
Sunrise Senior Living, Inc. (NYSE:SRZ) – Today’s First Hour Active Mover
New York, NY - WePickPennyStocks.com is pleased to alert investors of stocks on the move.
The company's boost of its yearly guidance and soothing comments about troubled senior housing tenant Sunrise Senior Living Inc. (SRZ).As it reported second-quarter earnings, Ventas, which manages senior housing properties, hospitals and medical office buildings, raised its annual outlook for adjusted funds for operations, a key industry figure of performance.
After touching an intraday high of $2.54 in an opening trade, the Stock is currently trading at $2.43 moved up about 26% on over 2.3 million shares. In the last 52-week, the stock has been trading within a range of $0.27-$21.62.
About Sunrise Senior Living, Inc.
Sunrise Senior Living, Inc. (Sunrise) is a provider of senior living services in the United States, Canada, the United Kingdom and Germany. The Company offers a range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer’s and other forms of memory loss, nursing and rehabilitative care. It is also engaged in developing senior living communities for itself, for ventures in which it retains an ownership interests and for the third parties. During the year ended December 31, 2008, the Company operated 435 communities, including 391 communities in the United States, 15 communities in Canada, 20 communities in the United Kingdom and nine communities in Germany, with a total resident capacity of approximately 54,340. Of the 435 communities, 47 were wholly owned, 15 were under operating leases, 10 were consolidated as a variable interest entity, 203 were owned in unconsolidated ventures and 160 were owned by third parties.
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