Free Trial

Target Healthcare REIT (LON:THRL) Stock Passes Above 50 Day Moving Average - Here's Why

Target Healthcare REIT logo with Real Estate background

Shares of Target Healthcare REIT (LON:THRL - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 83.57 ($1.06) and traded as high as GBX 85.80 ($1.09). Target Healthcare REIT shares last traded at GBX 85.16 ($1.08), with a volume of 789,765 shares changing hands.

Target Healthcare REIT Stock Performance

The business's fifty day moving average is GBX 83.57 and its 200-day moving average is GBX 85.43. The company has a quick ratio of 1.52, a current ratio of 7.20 and a debt-to-equity ratio of 34.92. The company has a market cap of £522.13 million, a PE ratio of 7.15, a P/E/G ratio of 1.48 and a beta of 0.44.

Target Healthcare REIT Company Profile

(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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

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

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines