Target Healthcare REIT (LON:THRL) Reaches New 1-Year High – Time to Buy?

Target Healthcare REIT (LON:THRLGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 99 ($1.31) and last traded at GBX 98.60 ($1.31), with a volume of 192688 shares trading hands. The stock had previously closed at GBX 98.30 ($1.30).

Target Healthcare REIT Stock Up 0.1 %

The firm has a market cap of £605.37 million, a P/E ratio of 8.29, a price-to-earnings-growth ratio of 1.48 and a beta of 0.44. The company’s 50-day simple moving average is GBX 90.67 and its 200 day simple moving average is GBX 87.16. The company has a debt-to-equity ratio of 34.92, a current ratio of 7.20 and a quick ratio of 1.52.

Target Healthcare REIT (LON:THRLGet Free Report) last announced its quarterly earnings results on Friday, March 14th. The company reported GBX 3.06 ($0.04) EPS for the quarter. Target Healthcare REIT had a net margin of 104.99% and a return on equity of 10.78%. Research analysts anticipate that Target Healthcare REIT will post 6.2219101 EPS for the current fiscal year.

About Target Healthcare REIT

(Get Free Report)

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.

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