Triple Point Social Housing REIT (LON:SOHO) Posts Earnings Results

Triple Point Social Housing REIT (LON:SOHO) released its earnings results on Wednesday. The company reported GBX 3.34 earnings per share for the quarter, Digital Look Earnings reports. Triple Point Social Housing REIT had a net margin of 62.91% and a return on equity of 5.77%.

Triple Point Social Housing REIT Price Performance

Triple Point Social Housing REIT stock opened at GBX 70.15 on Wednesday. The firm has a market cap of £276.02 million, a price-to-earnings ratio of -758.40 and a beta of 0.30. Triple Point Social Housing REIT has a fifty-two week low of GBX 54.50 and a fifty-two week high of GBX 74. The firm has a fifty day moving average price of GBX 69.07 and a two-hundred day moving average price of GBX 66.66.

Triple Point Social Housing REIT Company Profile

Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.

We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs.