LTC Properties Inc. (LTC) Moves Lower on Volume Spike for March 01

Equities Staff  |

LTC Properties Inc. (LTC) traded on unusually high volume on Mar. 01, as the stock lost 2.21% to close at $43.44. On the day, LTC Properties Inc. saw 571,362 shares trade hands on 5,641 trades. Considering that the stock averages only a daily volume of 172,768 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $48.13 and $34.46 over the last 52-weeks, its 50-day SMA is now $44.34, and its 200-day SMA $42.64. LTC Properties Inc. has a P/B ratio of 2.11. It also has a P/E ratio of 12.4.

LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and health care real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects. LTC considers merger and acquisition investment as a component of its operational growth strategy.

Headquartered in Westlake Village, CA, LTC Properties Inc. has 20 employees and is currently under the leadership of CEO Wendy L. Simpson.

For a complete fundamental analysis analysis of LTC Properties Inc., check out Equities.com’s Stock Valuation Analysis report for LTC.

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To get more information on LTC Properties Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: LTC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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