Target Healthcare REIT (LON:THRL) Reaches New 1-Year High – What’s Next?

Shares of Target Healthcare REIT (LON:THRLGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 93.20 ($1.20) and last traded at GBX 92.80 ($1.19), with a volume of 4599062 shares. The stock had previously closed at GBX 86.80 ($1.12).

Target Healthcare REIT Price Performance

The company has a quick ratio of 1.52, a current ratio of 7.20 and a debt-to-equity ratio of 34.92. The company’s fifty day moving average price is GBX 83.92 and its two-hundred day moving average price is GBX 85.71. The company has a market cap of £564.36 million, a price-to-earnings ratio of 7.73, a PEG ratio of 1.48 and a beta of 0.44.

About Target Healthcare REIT

(Get Free Report)

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.

Featured Stories

Receive News & Ratings for Target Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.