Fionnuala Hogan Purchases 65,060 Shares of Triple Point Social Housing REIT (LON:SOHO) Stock

Triple Point Social Housing REIT plc (LON:SOHO) insider Fionnuala Hogan bought 65,060 shares of the stock in a transaction on Friday, June 19th. The stock was purchased 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%

Triple Point Social Housing REIT stock opened at GBX 74 on Tuesday. The business has a 50-day simple moving average of GBX 72.80 and a two-hundred day simple moving average of GBX 72.07. The company has a market cap of £291.16 million, a P/E ratio of 97.37 and a beta of 0.56. Triple Point Social Housing REIT plc has a 52-week low of GBX 64.80 and a 52-week high of GBX 78.70. The company has a quick ratio of 10.82, a current ratio of 795.98 and a debt-to-equity ratio of 70.98.

Analyst Upgrades and Downgrades

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