Triple Point Social Housing REIT (LON:SOHO) Stock Price Down 0.5% - Time to Sell?

Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) dropped 0.5% during mid-day trading on Tuesday . The company traded as low as GBX 59 ($0.75) and last traded at GBX 59.40 ($0.75). Approximately 369,714 shares traded hands during trading, a decline of 38% from the average daily volume of 598,463 shares. The stock had previously closed at GBX 59.70 ($0.75).

Triple Point Social Housing REIT Stock Performance

The company's 50 day moving average price is GBX 58.69 and its 200 day moving average price is GBX 61.52. The company has a market cap of £237.69 million, a price-to-earnings ratio of 9.26 and a beta of 0.30.

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.