Life Healthcare Group (OTCMKTS:LTGHY) Hits New 52-Week Low – What’s Next?

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $2.24 and last traded at $2.47, with a volume of 45717 shares traded. The stock had previously closed at $2.4150.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded 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, Life Healthcare Group has an average rating of “Hold”.

Life Healthcare Group Price Performance

The company has a market capitalization of $907.71 million and a PE ratio of 0.25. The firm’s fifty day simple moving average is $2.79 and its 200 day simple moving average is $2.75.

About Life Healthcare Group

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.