Life Healthcare Group (OTCMKTS:LTGHY) Shares Gap Down – What’s Next?

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) gapped down before the market opened on Thursday . The stock had previously closed at $2.75, but opened at $2.5850. Life Healthcare Group shares last traded at $2.59, with a volume of 5,241 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Life Healthcare Group to a “hold” rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat, Life Healthcare Group presently has an average rating of “Hold”.

Life Healthcare Group Price Performance

The stock’s 50 day simple moving average is $2.81 and its two-hundred day simple moving average is $2.77. The firm has a market cap of $948.05 million and a P/E ratio of 0.25.

Life Healthcare Group Company Profile

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.