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Triple Point Social Housing REIT (LON:SOHO) Trading Down 0.4% - What's Next?

Triple Point Social Housing REIT logo with Real Estate background

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.
  • Five stocks to consider instead of Triple Point Social Housing REIT.

Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) shares fell 0.4% during mid-day trading on Wednesday . The stock traded as low as GBX 66.20 ($0.89) and last traded at GBX 67 ($0.90). 324,994 shares traded hands during mid-day 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 Stock Performance

The firm has a 50-day moving average price of GBX 69.56 and a 200-day moving average price of GBX 66.10. The stock has a market cap of £269.19 million, a PE ratio of 10.49 and a beta of 0.30.

Triple Point Social Housing REIT Company Profile

(Get Free Report)

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.

See Also

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