Target Healthcare REIT (LON:THRL) Hits New 52-Week High - Time to Buy?

Shares of Target Healthcare REIT (LON:THRL - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 99 ($1.32) and last traded at GBX 98.60 ($1.31), with a volume of 192688 shares trading hands. The stock had previously closed at GBX 98.30 ($1.31).

Target Healthcare REIT Stock Up 0.7 %

The business's 50-day moving average is GBX 91.20 and its two-hundred day moving average is GBX 87.31. The firm has a market capitalization of £607.82 million, a price-to-earnings ratio of 8.32, a P/E/G ratio of 1.48 and a beta of 0.44. The company has a debt-to-equity ratio of 34.92, a quick ratio of 1.52 and a current ratio of 7.20.

Target Healthcare REIT (LON:THRL - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported GBX 3.06 ($0.04) EPS for the quarter. Target Healthcare REIT had a net margin of 104.99% and a return on equity of 10.78%. On average, equities analysts anticipate that Target Healthcare REIT will post 6.2219101 earnings per share for the current year.

About Target Healthcare REIT

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.