Life Healthcare Group (OTCMKTS:LTGHY) Shares Gap Down – What’s Next?

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $2.75, but opened at $2.5850. Life Healthcare Group shares last traded at $2.59, with a volume of 5,241 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Life Healthcare Group to a “hold” rating in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Life Healthcare Group Trading Down 7.6%

The firm’s fifty day moving average price is $2.81 and its 200 day moving average price is $2.77. The firm has a market capitalization of $931.58 million and a PE ratio of 0.25.

About Life Healthcare Group

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.