With a more favourable environment, ARVIDA GROUP improves to Slightly Positive
ARVIDA GROUP (NZ), a company active in the Health Care Providers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date April 1, 2022, the closing price was NZD 1.72 and its potential was estimated at NZD 1.86.Arvida Group Ltd. Arvida Group Limited is engaged in the business of owning, operating and developing retirement villages and rest homes for the elderly in New Zealand. The Company's villages are located in New Zealand, with over 2,000 residents across approximately 29 locations. The Company offers three levels of care: rest home, dementia and hospital. The Company's total aged care beds include approximately 1,761 and over 1752 retirement units, including approximately 379 apartments/villa, and over 529 serviced apartments. The Company offers a range of accommodation options, including independent villas, serviced apartments, rest home and continuing care facilities, apartments and studios. The Company offers lawn and indoor bowls, a dart board, supervised exercise programs, movie afternoons, happy hours, spa pool, unisex hairdresser, music therapy, craft sessions, exercise classes, church programs, and weekly shopping trips-transport provided.
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