LTC Reaches New 52-Week High (LTC)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $32.27, above its previous 52-week high of $32.25 with 49,813 shares traded as of 12:10 p.m. ET. Average volume has been 170,000 shares over the past 30 days.
LTC has a market cap of $954.8 million and is part of the
sector and
industry. Shares are up 3.5% 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 23.8, above the average real estate industry P/E ratio of 23.5 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates LTC as a
. 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
.
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