Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Update

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHYGet Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 6,710 shares, a decrease of 88.1% from the April 30th total of 56,415 shares. Based on an average daily trading volume, of 87,248 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Life Healthcare Group to a “hold” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Get Our Latest Analysis on Life Healthcare Group

Life Healthcare Group Stock Up 1.0%

OTCMKTS LTGHY traded up $0.02 during trading hours on Friday, hitting $2.59. 26,093 shares of the stock were exchanged, compared to its average volume of 60,361. The company has a market cap of $948.05 million and a price-to-earnings ratio of 0.25. Life Healthcare Group has a 12-month low of $2.28 and a 12-month high of $3.36. The stock has a 50-day moving average of $2.81 and a 200 day moving average of $2.77.

About Life Healthcare Group

(Get Free Report)

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.

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