Target Healthcare REIT (LON:THRL - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 95.28 ($1.27) and traded as low as GBX 87.40 ($1.17). Target Healthcare REIT shares last traded at GBX 97.69 ($1.31), with a volume of 4,875,962 shares changing hands.
Target Healthcare REIT Stock Performance
The stock's 50-day simple moving average is GBX 95.28 and its 200-day simple moving average is GBX 98.04. The stock has a market cap of £604.40 million, a price-to-earnings ratio of 8.37, a price-to-earnings-growth ratio of 1.48 and a beta of 0.44. The company has a current ratio of 7.20, a quick ratio of 1.52 and a debt-to-equity ratio of 34.92.
Target Healthcare REIT (LON:THRL - Get Free Report) last released its quarterly earnings results on Tuesday, October 14th. The company reported GBX 5.97 earnings per share for the quarter. Target Healthcare REIT had a net margin of 104.99% and a return on equity of 10.78%. Analysts forecast that Target Healthcare REIT will post 6.2219101 earnings per share for the current fiscal year.
About Target Healthcare REIT
(
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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.
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