Hitting A New 52 Week High, Caretrust REIT Inc (Nasdaq:CTRE) Finishes At $25.23

Caretrust REIT Inc (Nasdaq:CTRE)

May 15th, 2019

With markets going up Caretrust REIT Inc closed Wednesday up 0.36%, a $0.09 increase to close on $25.23. Furthermore it hit a new 52 week high of $25.45.

CTRE was outperformed by the rest of the Real Estate sector which went up 0.64%.

Expectations from 7 analysts points to the possibility that Caretrust REIT Inc might fall somewhat (-0.24%), while Finbox has calculated (with very high uncertainty) a fair value price of $18.12.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending up. Communication Services saw the biggest increase of the day (2.11%), while Financials saw the biggest drop (-0.48%). Information Technology has seen the biggest year-to-date gain at 21.11%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.19%, as it went up 2.11%. Utilities saw a turn around from its 5-day performance of 1.74% trading down -0.13%.

Sector Breakdown

  • Communication Services went up with a 2.11% change.
  • Information Technology went up with a 0.98% change.
  • Consumer Staples went up with a 0.80% change.
  • Consumer Discretionary went up with a 0.78% change.
  • Real Estate went up with a 0.64% change.
  • Energy went up with a 0.46% change.
  • Healthcare went up with a 0.27% change.
  • Industrials went up with a 0.12% change.
  • Utilities went down with a -0.13% change.
  • Materials went down with a -0.24% change.
  • Financials went down with a -0.48% change.

Caretrust REIT Inc Info

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition and leasing of seniors housing and healthcare-related properties. With 199 net-leased healthcare properties and three operated seniors housing properties in 27 states, CareTrust is pursuing opportunities across the nation to acquire properties that will be leased to a diverse group of local, regional and national seniors housing operators, healthcare services providers, and other healthcare-related businesses.

All amounts in USD unless otherwise indicated

CTRE daily update
CTRE daily update

Photo by Marc James on Unsplash

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