Target Healthcare REIT (LON:THRL) Hits New 52-Week High - Still a Buy?

Target Healthcare REIT (LON:THRL - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as GBX 95 ($1.24) and last traded at GBX 91.80 ($1.19), with a volume of 3152406 shares changing hands. The stock had previously closed at GBX 92.80 ($1.21).

Target Healthcare REIT Stock Performance

The firm has a market capitalization of £574.15 million, a PE ratio of 7.86, a P/E/G ratio of 1.48 and a beta of 0.44. The company has a debt-to-equity ratio of 34.92, a current ratio of 7.20 and a quick ratio of 1.52. The company's fifty day simple moving average is GBX 85.31 and its 200 day simple moving average is GBX 86.14.

Target Healthcare REIT (LON:THRL - Get Free Report) last released its quarterly earnings data 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%. As a group, equities research analysts expect that Target Healthcare REIT will post 6.2219101 EPS for the current fiscal year.

Target Healthcare REIT Company Profile

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.