Life Healthcare Group (OTCMKTS:LTGHY) Reaches New 1-Year Low – Time to Sell?

Shares of Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) hit a new 52-week low on Tuesday . The stock traded as low as $2.24 and last traded at $2.47, with a volume of 45717 shares trading hands. The stock had previously closed at $2.4150.

Wall Street Analysts Forecast Growth

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

Life Healthcare Group Stock Performance

The firm has a fifty day simple moving average of $2.80 and a 200 day simple moving average of $2.75. The company has a market cap of $887.54 million and a PE ratio of 0.25.

Life Healthcare Group Company Profile

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.