NEW YORK (

TheStreet

) --

LTC Properties

(NYSE:

LTC

) hit a new 52-week high Wednesday as it is currently trading at $32.87, above its previous 52-week high of $32.86 with 60,142 shares traded as of 11:31 a.m. ET. Average volume has been 148,000 shares over the past 30 days.

LTC has a market cap of $977.4 million and is part of the

financial

sector and

real estate

industry. Shares are up 5.3% 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 23.5, below the average real estate industry P/E ratio of 23.6 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, growth in earnings per share, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. 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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