Global Healthcare REIT (OTCMKTS:GBCS) Issues Quarterly Earnings Results

Global Healthcare REIT (OTCMKTS:GBCS) released its earnings results on Monday, November 20th. The company reported ($0.02) earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $0.75 million during the quarter. Global Healthcare REIT had a negative return on equity of 65.48% and a negative net margin of 77.29%.

Shares of Global Healthcare REIT (OTCMKTS:GBCS) traded up $0.02 during midday trading on Thursday, hitting $0.43. 13,107 shares of the stock were exchanged, compared to its average volume of 11,385. The company has a debt-to-equity ratio of 11.18, a current ratio of 0.04 and a quick ratio of 0.04. Global Healthcare REIT has a fifty-two week low of $0.35 and a fifty-two week high of $0.57.

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Global Healthcare REIT Company Profile

Global Healthcare REIT, Inc operates as a real estate investment trust (REIT) for the purpose of investing in real estate and other assets related to the healthcare industry. The Company acquires, develops, leases, manages and disposes of healthcare real estate, and provides financing to healthcare providers.

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