UPDATE: CK Cooper & Company Initiated Advocat at Hold During Transition

CK Cooper & Company initiated coverage on Advocat

with a Hold rating. CK Cooper & Company noted, "We are initiating coverage of Advocat, Inc. with a HOLD rating as we watch to see how well the company can transition from its staid recent history to become a growth focused company on a path to generate higher revenues and earnings." Advocat closed at $5.63 on Wednesday.