LTC Properties, Inc.’s recently made public that its Director TRICHE TIMOTHY unloaded Company’s shares for reported $97607.0 on Apr 02 ’24. In the deal valued at $31.67 per share,3,082 shares were sold. As a result of this transaction, TRICHE TIMOTHY now holds 36,343 shares worth roughly $1.22 million.
Then, Hendrickson Boyd W sold 7,500 shares, generating $245,100 in total proceeds. Upon selling the shares at $32.68, the Director now owns 21,816 shares.
Before that, SHELLEY-KESSLER PAMELA sold 15,500 shares. LTC Properties, Inc. shares valued at $504,370 were divested by the CO-PRESIDENT, CFO & SECRETARY at a price of $32.54 per share. As a result of the transaction, SHELLEY-KESSLER PAMELA now holds 145,706 shares, worth roughly $4.89 million.
Deutsche Bank initiated its LTC Properties, Inc. [LTC] rating to a Hold in a research note published on January 30, 2024; the price target was $34. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Berenberg began covering LTC with “Buy” recommendation on September 28, 2023. Jefferies started covering the stock on September 20, 2023. It rated LTC as “a Hold”.
Price Performance Review of LTC
On Tuesday, LTC Properties, Inc. [NYSE:LTC] saw its stock jump 0.90% to $33.58. Over the last five days, the stock has gained 1.45%. LTC Properties, Inc. shares have risen nearly 4.55% since the year began. Nevertheless, the stocks have risen 0.30% over the past one year. While a 52-week high of $35.72 was reached on 05/02/24, a 52-week low of $30.30 was recorded on 02/08/24. SMA at 50 days reached $32.20, while 200 days put it at $32.28. A total of 0.3 million shares were traded, compared to the trading of 0.28 million shares in the previous session.
Levels Of Support And Resistance For LTC Stock
The 24-hour chart illustrates a support level at 33.39, which if violated will result in even more drops to 33.19. On the upside, there is a resistance level at 33.71. A further resistance level may holdings at 33.83. The Relative Strength Index (RSI) on the 14-day chart is 65.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.33%. Stochastics %K at 81.36% indicates the stock is a selling.
The most recent change occurred on April 20, 2023 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $36 price target.
