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Triple Point Social Housing REIT (LON:SOHO) Trading 0.2% Higher - What's Next?

Triple Point Social Housing REIT logo with Real Estate background
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Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) shares were up 0.2% during mid-day trading on Thursday . The company traded as high as GBX 58.30 ($0.76) and last traded at GBX 57.20 ($0.74). Approximately 1,314,516 shares traded hands during trading, an increase of 110% from the average daily volume of 625,685 shares. The stock had previously closed at GBX 57.10 ($0.74).

Triple Point Social Housing REIT Price Performance

The firm has a market capitalization of £234.50 million, a price-to-earnings ratio of 9.13 and a beta of 0.30. The business's 50-day moving average price is GBX 58.06 and its 200 day moving average price is GBX 61.10.

About Triple Point Social Housing REIT

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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.

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