Life Healthcare Group (OTCMKTS:LTGHY) Trading Down 6.8% – Here’s Why

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHYGet Free Report)’s share price dropped 6.8% during trading on Tuesday . The company traded as low as $2.47 and last traded at $2.47. Approximately 785 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 60,015 shares. The stock had previously closed at $2.65.

Wall Street Analyst Weigh In

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

Read Our Latest Report on LTGHY

Life Healthcare Group Price Performance

The firm has a market cap of $949.88 million and a PE ratio of 0.25. The business’s 50 day moving average price is $2.59 and its 200 day moving average price is $2.75.

Life Healthcare Group Company Profile

(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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