Shares of CareTrust REIT Inc. (NASDAQ:CTRE) traded at a new 52-week high today of $25.75. Approximately 38.1 million shares have changed hands today, as compared to an average 30-day volume of 694,000 shares.
CareTrust REIT Inc. (NASDAQ:CTRE) has potential upside of 0.2% based on a current price of $18.73 and analysts’ consensus price target of $18.76.
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, development, and leasing of seniors housing and healthcare-related properties. The company operates as a REIT that invests in income-producing healthcare-related properties. It generates revenues primarily by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements.
In the past 52 weeks, shares of CareTrust REIT Inc. have traded between the current low of $7.18 and a high of $24.85 and is now at $18.73.
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