Target Healthcare REIT (LON:THRL) Announces Earnings Results

Target Healthcare REIT (LON:THRL) announced its quarterly earnings results on Wednesday. The company reported GBX 3.38 EPS for the quarter, Digital Look Earnings reports. Target Healthcare REIT had a net margin of 83.43% and a return on equity of 8.61%.

Target Healthcare REIT Stock Performance

LON:THRL traded up GBX 2.40 during trading hours on Wednesday, reaching GBX 104.60. The company’s stock had a trading volume of 962,076 shares, compared to its average volume of 2,231,340. The firm has a market capitalization of £648.77 million, a price-to-earnings ratio of 10.66, a PEG ratio of 1.48 and a beta of 0.68. The firm has a 50-day simple moving average of GBX 104.05 and a 200-day simple moving average of GBX 98.53. Target Healthcare REIT has a 1 year low of GBX 83.60 and a 1 year high of GBX 108.80.

About Target Healthcare REIT

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.