Target Healthcare REIT PLC (LON:THRL - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 81.59 ($1.02) and traded as low as GBX 80.30 ($1.01). Target Healthcare REIT shares last traded at GBX 82.80 ($1.04), with a volume of 1,043,300 shares trading hands.
Target Healthcare REIT Price Performance
The company has a market capitalization of £507.98 million, a P/E ratio of 919.67, a PEG ratio of 1.48 and a beta of 0.38. The company has a quick ratio of 1.52, a current ratio of 1.43 and a debt-to-equity ratio of 37.57. The company's fifty day moving average price is GBX 80.12 and its 200 day moving average price is GBX 81.59.
Target Healthcare REIT Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be given a dividend of GBX 1.43 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a dividend yield of 1.79%. Target Healthcare REIT's dividend payout ratio is currently 6,666.67%.
About Target Healthcare REIT
(
Get Free Report)
UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes. The Group's portfolio at 31 December 2023 comprised 98 assets let to 32 tenants with a total value of £911.1 million.
See Also
Before you consider Target Healthcare REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Target Healthcare REIT wasn't on the list.
While Target Healthcare REIT currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
