Shares of CareTech Holdings plc (LON:CTH) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $367.48 and traded as low as $367.00. CareTech shares last traded at $370.00, with a volume of 24,891 shares.
Separately, Liberum Capital restated a “buy” rating and issued a GBX 525 ($6.86) price target on shares of CareTech in a research note on Thursday, June 20th.
The stock’s 50-day simple moving average is GBX 368.04. The company has a market cap of $403.08 million and a P/E ratio of 33.30. The company has a debt-to-equity ratio of 97.38, a current ratio of 0.78 and a quick ratio of 0.77.
CareTech Company Profile (LON:CTH)
CareTech Holdings PLC and its subsidiaries provide social care and support services for children, young people, and adults in the United Kingdom. The company operates through two segments, Adult Services and Children Services. The Adult services segment provides individual tailor made solutions for people living in their own homes, residential care, or independent supported living schemes.
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