Triple Point Social Housing REIT (LON:SOHO) Shares Down 0.4% - Should You Sell?

Key Points

• Triple Point Social Housing REIT shares fell 0.4% on Wednesday, trading at GBX 67 ($0.90) after reaching a low of GBX 66.20 ($0.89).
• The company's market capitalization stands at £267.20 million with a PE ratio of 10.41, indicating its valuation metrics in the current market.
• Triple Point Social Housing REIT aims to address the UK housing crisis by investing in the social housing sector, focusing on homes for vulnerable adults with specific care needs.

Triple Point Social Housing REIT plc (LON:SOHO - ) shares fell 0.4% on Wednesday . The company traded as low as GBX 66.20 ($0.89) and last traded at GBX 67 ($0.90). 324,994 shares were traded during trading, a decline of 65% from the average session volume of 937,933 shares. The stock had previously closed at GBX 67.30 ($0.91).

Triple Point Social Housing REIT Price Performance

The stock has a market capitalization of £267.20 million, a PE ratio of 10.41 and a beta of 0.30. The business's fifty day moving average price is GBX 69.91 and its two-hundred day moving average price is GBX 65.80.

Triple Point Social Housing REIT Company Profile

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment. We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.

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