NEW YORK (

TheStreet

) --

LTC Properties

(NYSE:

LTC

) hit a new 52-week high Wednesday as it is currently trading at $30.18, above its previous 52-week high of $30.16 with 110,843 shares traded as of 2:49 p.m. ET. Average volume has been 185,200 shares over the past 30 days.

LTC has a market cap of $886.9 million and is part of the

financial

sector and

real estate

industry. Shares are up 6.5% year to date as of the close of trading on Tuesday.

LTC Properties, Inc. operates as a health care real estate investment trust (REIT) in the United States. The company has a P/E ratio of 22, above the average real estate industry P/E ratio of 21.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates LTC as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

LTC Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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