Target Healthcare REIT (LON:THRL) Sets New 1-Year High – Time to Buy?

Target Healthcare REIT (LON:THRLGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 108.80 and last traded at GBX 105.80, with a volume of 963337 shares trading hands. The stock had previously closed at GBX 106.60.

Target Healthcare REIT Price Performance

The company has a current ratio of 7.20, a quick ratio of 1.52 and a debt-to-equity ratio of 34.92. The stock has a market cap of £669.86 million, a PE ratio of 11.01, a PEG ratio of 1.48 and a beta of 0.44. The business has a 50-day moving average price of GBX 102.65 and a 200 day moving average price of GBX 97.99.

About Target Healthcare REIT

(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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