Target Healthcare REIT (LON:THRL) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Target Healthcare REIT (LON:THRLGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 103.30 and traded as high as GBX 107. Target Healthcare REIT shares last traded at GBX 103.52, with a volume of 11,693,923 shares traded.

Target Healthcare REIT Trading Down 1.2%

The stock’s 50 day moving average is GBX 103.57 and its 200 day moving average is GBX 98.25. The stock has a market capitalization of £632.59 million, a price-to-earnings ratio of 10.40, a PEG ratio of 1.48 and a beta of 0.52.

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.

Recommended 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.