Impact Healthcare REIT (LON:IHR) Reaches New 1-Year High at $92.00

Impact Healthcare REIT (LON:IHR)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 92 ($1.22) and last traded at GBX 90.80 ($1.20), with a volume of 1494235 shares traded. The stock had previously closed at GBX 90.31 ($1.19).

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 114 ($1.51) price target on shares of Impact Healthcare REIT in a research note on Tuesday, July 2nd.

Impact Healthcare REIT Stock Performance

The stock has a 50 day simple moving average of GBX 88.23 and a 200-day simple moving average of GBX 86.07. The company has a current ratio of 1.58, a quick ratio of 2.37 and a debt-to-equity ratio of 37.83. The firm has a market cap of £375.83 million, a P/E ratio of 824.55, a P/E/G ratio of 1.95 and a beta of 0.37.

Impact Healthcare REIT Announces Dividend

The business also recently declared a dividend, which was paid on Friday, August 16th. Investors of record on Thursday, August 1st were given a GBX 1.74 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a yield of 1.98%. Impact Healthcare REIT’s dividend payout ratio is currently 6,363.64%.

About Impact Healthcare REIT

Impact Healthcare REIT plc is a specialist and responsible owner of care homes and other healthcare properties across the UK. Elderly care is an essential service and demand for it is high and continues to grow as the UK's population gets older. We work with our tenants so we can grow together and help them care for more people, while continuing to improve our homes for their residents.