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Global Healthcare REIT (NASDAQ:GBCS) CFO Philip S. Scarborough bought 7,010 shares of the company’s stock in a transaction dated Wednesday, July 23rd. The stock was purchased at an average cost of $0.90 per share, for a total transaction of $6,309.00. Following the completion of the acquisition, the chief financial officer now directly owns 72,836 shares of the company’s stock, valued at approximately $65,552. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Global Healthcare REIT (NASDAQ:GBCS) opened at 0.93 on Friday. Global Healthcare REIT has a one year low of $0.75 and a one year high of $1.37. The stock’s 50-day moving average is $0.97 and its 200-day moving average is $1.04. The company has a market cap of $18.5 million and a P/E ratio of 6.89.

Global Healthcare REIT, Inc, formerly Global Casinos, Inc, through its wholly owned subsidiaries operates in the domestic gaming industry.

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