Free Trial

Target Healthcare REIT (LON:THRL) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Target Healthcare REIT logo with Real Estate background

Target Healthcare REIT (LON:THRL - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 87.11 ($1.13) and traded as high as GBX 89.60 ($1.16). Target Healthcare REIT shares last traded at GBX 89.32 ($1.16), with a volume of 373,476 shares.

Target Healthcare REIT Price Performance

The company's 50-day moving average is GBX 87.25 and its 200-day moving average is GBX 82.42. The company has a debt-to-equity ratio of 34.92, a current ratio of 1.62 and a quick ratio of 1.52. The firm has a market capitalization of £555.74 million, a price-to-earnings ratio of 746.67, a PEG ratio of 1.48 and a beta of 0.44.

Target Healthcare REIT Announces Dividend

The business also recently announced a dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were given a GBX 1.43 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.84%. Target Healthcare REIT's dividend payout ratio is presently 5,000.00%.

About Target Healthcare REIT

(Get Free Report)

UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes. The Group's portfolio at 31 December 2023 comprised 98 assets let to 32 tenants with a total value of £911.1 million.

Featured Articles

Should you invest $1,000 in Target Healthcare REIT right now?

Before you consider Target Healthcare REIT, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Target Healthcare REIT wasn't on the list.

While Target Healthcare REIT currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines