LTC Properties Inc. (LTC) Soars 2.21% on February 22

Equities Staff  |

LTC Properties Inc. (LTC) had a good day on the market for Monday February 22 as shares jumped 2.21% to close at $41.58. About 256,994 shares traded hands on 4,086 trades for the day, compared with an average daily volume of n/a shares out of a total float of 39.24 million. After opening the trading day at $40.49, shares of LTC Properties Inc. stayed within a range of $41.81 to $40.32.

With today's gains, LTC Properties Inc. now has a market cap of $1.63 billion. Shares of LTC Properties Inc. have been trading within a range of $50.50 and $24.49 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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.

LTC Properties Inc. is based out of Westlake Village, CA and has some 22 employees. Its CEO is Wendy L. Simpson.

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

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LTC Properties Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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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