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

Target Healthcare REIT PLC (LON:THRLGet Free Report)’s share 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 Price Performance

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

Target Healthcare REIT Company Profile

(Get Free Report)

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.

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