Target Healthcare REIT (LON:THRL) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Target Healthcare REIT (LON:THRLGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 103.30 and traded as high as GBX 107. Target Healthcare REIT shares last traded at GBX 103.52, with a volume of 11,693,923 shares changing hands.

Target Healthcare REIT Trading Up 0.8%

The stock has a market capitalization of £647.53 million, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 1.48 and a beta of 0.68. The company has a 50-day moving average price of GBX 103.30 and a 200 day moving average price of GBX 98.17.

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.

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