Target Healthcare REIT (LON:THRL) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Target Healthcare REIT (LON:THRLGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 103.30 and traded as high as GBX 107. Target Healthcare REIT shares last traded at GBX 103.52, with a volume of 11,693,923 shares.

Target Healthcare REIT Price Performance

The business’s fifty day moving average price is GBX 103.30 and its two-hundred day moving average price is GBX 98.17. The stock has a market capitalization of £647.53 million, a PE ratio of 10.64, a price-to-earnings-growth ratio of 1.48 and a beta of 0.68.

About Target Healthcare REIT

(Get Free Report)

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.

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