Impact Healthcare REIT (LON:IHR) Reaches New 12-Month 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 ($1.20) and last traded at GBX 90.80 ($1.19), with a volume of 1494235 shares changing hands. The stock had previously closed at GBX 90.31 ($1.18).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 114 ($1.49) price objective on shares of Impact Healthcare REIT in a research report on Tuesday, July 2nd.

Impact Healthcare REIT Price Performance

The company has a 50 day simple moving average of GBX 88.01 and a 200 day simple moving average of GBX 85.93. The company has a market capitalization of £376.25 million, a price-to-earnings ratio of 821.00, a price-to-earnings-growth ratio of 1.95 and a beta of 0.37. The company has a quick ratio of 2.37, a current ratio of 1.58 and a debt-to-equity ratio of 37.83.

Impact Healthcare REIT Announces Dividend

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

Impact Healthcare REIT Company Profile

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.