Insider Buying: Global Healthcare REIT Inc (GBCS) Director Acquires 33,000 Shares of Stock

Global Healthcare REIT Inc (OTCMKTS:GBCS) Director Andrew L. Sink acquired 33,000 shares of the business’s stock in a transaction dated Tuesday, December 19th. The shares were bought at an average cost of $0.44 per share, for a total transaction of $14,520.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Global Healthcare REIT Inc (OTCMKTS:GBCS) remained flat at $$0.42 during trading on Thursday. Global Healthcare REIT Inc has a twelve month low of $0.33 and a twelve month high of $0.57. The company has a debt-to-equity ratio of 11.18, a current ratio of 0.04 and a quick ratio of 0.04.

Global Healthcare REIT (OTCMKTS:GBCS) last issued its earnings results on Monday, November 20th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $0.75 million for the quarter. Global Healthcare REIT had a negative return on equity of 65.48% and a negative net margin of 77.29%.

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About Global Healthcare REIT

Global Healthcare REIT, Inc operates as a real estate investment trust (REIT) for the purpose of investing in real estate and other assets related to the healthcare industry. The Company acquires, develops, leases, manages and disposes of healthcare real estate, and provides financing to healthcare providers.

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