Triple Point Social Housing REIT (LON:SOHO) Trading Down 0.3% - Should You Sell?

Key Points

• Triple Point Social Housing REIT's shares fell by 0.3% during trading, with recent prices at GBX 70.20 ($0.95) down from GBX 70.40 ($0.95).
• The company's market capitalization stands at £276.21 million, with a significantly negative price-to-earnings ratio of -758.92.
• In its latest earnings report, the REIT posted earnings of GBX 3.34 per share and anticipates an annual EPS of approximately 6.50.

Shares of Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) traded down 0.3% during trading on Wednesday . The company traded as low as GBX 69.40 ($0.94) and last traded at GBX 70.20 ($0.95). 772,736 shares changed hands during trading, a decline of 19% from the average session volume of 950,166 shares. The stock had previously closed at GBX 70.40 ($0.95).

Triple Point Social Housing REIT Stock Down 0.3%

The stock has a market capitalization of £276.21 million, a price-to-earnings ratio of -758.92 and a beta of 0.30. The stock has a 50 day moving average price of GBX 68.89 and a 200 day moving average price of GBX 67.99.

Triple Point Social Housing REIT (LON:SOHO - Get Free Report) last issued its quarterly earnings data on Wednesday, September 10th. The company reported GBX 3.34 earnings per share (EPS) for the quarter. Triple Point Social Housing REIT had a net margin of 62.91% and a return on equity of 5.77%. Sell-side analysts forecast that Triple Point Social Housing REIT plc will post 6.4980159 earnings per share for the current fiscal year.

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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