Tenet receives B credit rating from Morningstar — 5 quick facts

Tenet Healthcare recently received a “B” credit rating from Morningstar analysts, according to Dakota Financial News.

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Here are five facts:

1. The “B” rating indicates Tenet is a high default risk.

2. Morningstar also gave Tenet stock a two star rating.

3. Tenet presently has a one-year low of $41.47 and a one-year high of $63.61.

4. The stock has a 50-day moving average of $57.07 and a 200-day moving average of $51.00.

5. Tenet’s market cap is $5.2 billion and has a P/E ratio of 93.68.

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