Jos Short Acquires 310,345 Shares of Triple Point Social Housing REIT (LON:SOHO) Stock

Triple Point Social Housing REIT plc (LON:SOHO) insider Jos Short bought 310,345 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were acquired at an average cost of GBX 73 per share, for a total transaction of £226,551.85.

Triple Point Social Housing REIT Trading Up 3.0%

Shares of Triple Point Social Housing REIT stock opened at GBX 76.61 on Thursday. The company has a debt-to-equity ratio of 70.98, a current ratio of 795.98 and a quick ratio of 10.82. The business has a fifty day simple moving average of GBX 72.66 and a two-hundred day simple moving average of GBX 71.93. Triple Point Social Housing REIT plc has a 1 year low of GBX 64.80 and a 1 year high of GBX 78.70. The company has a market capitalization of £301.44 million, a price-to-earnings ratio of 100.81 and a beta of 0.46.

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.