Life Healthcare Group (OTCMKTS:LTGHY) Sees Large Volume Increase – Here’s Why

Shares of Life Healthcare Group Holdings Limited (OTCMKTS:LTGHYGet Free Report) saw an uptick in trading volume on Monday . Approximately 218,853 shares changed hands during trading, an increase of 263% from the previous session’s volume of 60,220 shares.The stock last traded at $2.5450 and had previously closed at $2.56.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of 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, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Get Our Latest Stock Analysis on LTGHY

Life Healthcare Group Trading Up 3.5%

The stock has a 50 day moving average of $2.56 and a 200-day moving average of $2.74. The company has a market capitalization of $964.55 million and a P/E ratio of 0.25.

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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