Target Healthcare REIT (LON:THRL) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Target Healthcare REIT (LON:THRL)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 95.94 ($1.30) and traded as high as GBX 99 ($1.34). Target Healthcare REIT shares last traded at GBX 97.90 ($1.33), with a volume of 1,305,086 shares traded.

Target Healthcare REIT Stock Up 0.9%

The company has a debt-to-equity ratio of 34.92, a current ratio of 7.20 and a quick ratio of 1.52. The firm has a market cap of £599.25 million, a PE ratio of 8.21, a P/E/G ratio of 1.48 and a beta of 0.44. The business has a fifty day moving average price of GBX 95.94 and a two-hundred day moving average price of GBX 88.71.

Target Healthcare REIT (LON:THRL) last announced its quarterly earnings data on Friday, March 14th. The company reported GBX 3.06 ($0.04) earnings per share (EPS) for the quarter. Target Healthcare REIT had a return on equity of 10.78% and a net margin of 104.99%. On average, analysts anticipate that Target Healthcare REIT will post 6.2219101 EPS for the current fiscal year.

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.