Life Healthcare Group (OTCMKTS:LTGHY) Shares Gap Down – Should You Sell?

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $2.76, but opened at $2.61. Life Healthcare Group shares last traded at $2.7750, with a volume of 10,018 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Life Healthcare Group to a “hold” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Life Healthcare Group currently has an average rating of “Hold”.

Life Healthcare Group Trading Up 0.4%

The company’s 50 day moving average is $2.59 and its 200-day moving average is $2.73.

About Life Healthcare Group

Life Healthcare Group (OTCMKTS:LTGHY) is a South Africa–based private healthcare provider offering a comprehensive range of acute and specialised medical services. Headquartered in Sandton, the company operates a network of acute care hospitals that deliver surgical, diagnostic and therapeutic treatments across multiple clinical disciplines. Its facilities include critical care units, maternity wards, oncology centres and rehabilitation services tailored to both in-patient and out-patient needs.

The group’s core business activities span general surgery, cardiology, orthopaedics, neurology and oncology, supported by advanced diagnostic imaging and laboratory services.