Insider Buying: Triple Point Social Housing REIT (LON:SOHO) Insider Buys £650.60 in Stock

Triple Point Social Housing REIT plc (LON:SOHO) insider Fionnuala Hogan acquired 65,060 shares of the firm’s stock in a transaction dated Friday, June 19th. The stock was bought at an average cost of GBX 1 per share, for a total transaction of £650.60.

Triple Point Social Housing REIT Trading Down 0.5%

Shares of LON:SOHO opened at GBX 74 on Tuesday. The stock has a 50 day moving average of GBX 72.80 and a 200 day moving average of GBX 72.07. The company has a market cap of £291.16 million, a PE ratio of 97.37 and a beta of 0.56. The company has a current ratio of 795.98, a quick ratio of 10.82 and a debt-to-equity ratio of 70.98. Triple Point Social Housing REIT plc has a 12-month low of GBX 64.80 and a 12-month high of GBX 78.70.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 82 price target on shares of Triple Point Social Housing REIT in a research report on Monday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 82.

Triple Point Social Housing REIT Company Profile

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.

We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs. Our ambition is to be the leading UK Supported Housing investor, helping guarantee secure futures for people in need across the country, while ensuring that our shareholders have an ethical, solid, long-term income source.