Target Healthcare REIT (LON:THRL) Announces Quarterly Earnings Results

Target Healthcare REIT (LON:THRL) announced its quarterly earnings data on Friday. The company reported GBX 3.06 ($0.04) EPS for the quarter, Digital Look Earnings reports. Target Healthcare REIT had a net margin of 104.99% and a return on equity of 10.78%.

Target Healthcare REIT Stock Performance

Shares of THRL stock opened at GBX 92.80 ($1.20) on Friday. The business’s 50 day simple moving average is GBX 84.53 and its 200 day simple moving average is GBX 85.89. Target Healthcare REIT has a one year low of GBX 75 ($0.97) and a one year high of GBX 93.90 ($1.21). 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 stock has a market capitalization of £568.03 million, a PE ratio of 7.78, a PEG ratio of 1.48 and a beta of 0.44.

Target Healthcare REIT Company Profile

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.