In a filing, LTC Properties, Inc. revealed its Director TRICHE TIMOTHY unloaded Company’s shares for reported $0.18 million on Aug 30 ’24. In the deal valued at $36.45 per share,5,000 shares were sold. As a result of this transaction, TRICHE TIMOTHY now holds 34,522 shares worth roughly $1.31 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, TRICHE FAMILY TRUST bought 5,000 shares, generating $182,274 in total proceeds.
Before that, PIECZYNSKI JAMES bought 33,643 shares. LTC Properties, Inc. shares valued at $1,217,876 were divested by the Director at a price of $36.20 per share.
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 5.95% to $38.08. Over the last five days, the stock has gained 6.22%. LTC Properties, Inc. shares have risen nearly 18.56% since the year began. Nevertheless, the stocks have risen 24.24% over the past one year. While a 52-week high of $38.28 was reached on 07/26/24, a 52-week low of $30.30 was recorded on 02/08/24. SMA at 50 days reached $36.38, while 200 days put it at $34.14.
Levels Of Support And Resistance For LTC Stock
The 24-hour chart illustrates a support level at 36.63, which if violated will result in even more drops to 35.18. On the upside, there is a resistance level at 38.81. A further resistance level may holdings at 39.54. The Relative Strength Index (RSI) on the 14-day chart is 67.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.36%. Stochastics %K at 54.56% indicates the stock is a holding.
How much short interest is there in LTC Properties, Inc.?
A steep rise in short interest was recorded in LTC Properties, Inc. stocks on 2024-10-15, growing by 17445.0 shares to a total of 1.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.44 million shares. There was a rise of 1.19%, which implies that there is a positive sentiment for the stock.
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.
