Target Healthcare REIT (LON:THRL) Stock Crosses Above 50 Day Moving Average of $79.70

Target Healthcare REIT PLC (LON:THRL)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 79.70 ($1.00) and traded as high as GBX 81.09 ($1.02). Target Healthcare REIT shares last traded at GBX 79.80 ($1.00), with a volume of 1,329,033 shares.

Target Healthcare REIT Trading Down 0.4 %

The company has a debt-to-equity ratio of 37.57, a quick ratio of 1.52 and a current ratio of 1.43. The company has a market capitalization of £494.95 million, a P/E ratio of 886.67, a PEG ratio of 1.48 and a beta of 0.38. The company’s fifty day simple moving average is GBX 79.70 and its 200-day simple moving average is GBX 81.12.

Target Healthcare REIT Company Profile

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.