Life Healthcare Group (OTCMKTS:LTGHY) Trading Up 2.5%

Shares of Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) were up 2.5% on Friday . The stock traded as high as $2.91 and last traded at $2.85. Approximately 37,749 shares were traded during trading, a decline of 63% from the average daily volume of 102,682 shares. The stock had previously closed at $2.78.

Life Healthcare Group Trading Up 2.5 %

The company’s fifty day simple moving average is $2.55 and its two-hundred day simple moving average is $3.37.

Life Healthcare Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Friday, June 14th will be issued a dividend of $0.0287 per share. The ex-dividend date is Friday, June 14th. Life Healthcare Group’s dividend payout ratio is currently 17.73%.

About Life Healthcare Group

Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. It operates through two segments, Hospitals and Complementary Services; and Healthcare Services. The company provides range of acute hospitals and complementary services; Life Esidimeni services, such as chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programs; and life employee health solutions, including on-site occupational and primary healthcare services and employee wellness programs.