Life Healthcare Group (OTCMKTS:LTGHY) Shares Up 1.2% – Should You Buy?

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) shot up 1.2% during mid-day trading on Wednesday . The company traded as high as $3.51 and last traded at $3.40. 31,710 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 237,717 shares. The stock had previously closed at $3.36.

Life Healthcare Group Stock Up 1.2 %

The stock has a 50 day simple moving average of $3.57 and a 200-day simple moving average of $3.43.

Life Healthcare Group Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 28th. Stockholders of record on Friday, January 10th were issued a $0.1553 dividend. The ex-dividend date was Friday, January 10th. This is an increase from Life Healthcare Group’s previous dividend of $0.07. Life Healthcare Group’s dividend payout ratio (DPR) is currently 17.73%.

Life Healthcare Group Company Profile

Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. It operates through two segments, Hospitals and Complementary Services; and Healthcare Services. The company provides range of acute hospitals and complementary services; Life Esidimeni services, such as chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programs; and life employee health solutions, including on-site occupational and primary healthcare services and employee wellness programs.