Estia Health Ltd (ASX: EHE) is one of Australia’s largest residential aged care providers. The company operates 69 facilities with more than 6,000 operational beds up and down the east coast of Australia and in South Australia.
The Estia Health Ltd (ASX:EHE) share price is down close to 4% in reaction to the company’s half year result to December 2018.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up 0.16% on Monday.
The Estia Health Ltd (ASX:EHE) share price fell 37% throughout 2018, but is now a good time to buy into the company while the price is low?
Here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.30% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.41% at lunch.
The Government is planning to start a Royal Commission into the aged care sector and Japara (ASX:JHC), Regis (ASX:REG) and Estia (ASX:EHE) have taken a hit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.10% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.26% at lunch.
