Life Healthcare Group (OTCMKTS:LTGHY) Sets New 52-Week Low – Should You Sell?

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $2.24 and last traded at $2.47, with a volume of 45717 shares traded. The stock had previously closed at $2.4150.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Life Healthcare Group to a “hold” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Life Healthcare Group Trading Up 0.2%

The firm has a 50-day moving average of $2.80 and a 200 day moving average of $2.75. The stock has a market capitalization of $887.54 million and a price-to-earnings ratio of 0.25.

About Life Healthcare Group

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.