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Triple Point Social Housing REIT (LON:SOHO) Shares Up 0.9% - What's Next?

Triple Point Social Housing REIT logo with Real Estate background

Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) shares shot up 0.9% during trading on Tuesday . The company traded as high as GBX 72.50 ($0.99) and last traded at GBX 70.70 ($0.96). 725,557 shares traded hands during trading, a decline of 25% from the average session volume of 968,318 shares. The stock had previously closed at GBX 70.10 ($0.95).

Triple Point Social Housing REIT Stock Up 0.9%

The stock has a 50 day simple moving average of GBX 69.85 and a 200 day simple moving average of GBX 63.48. The company has a market cap of £281.95 million, a price-to-earnings ratio of 10.98 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.

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