Shares of CareTech Holdings plc (LON:CTH) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 346 ($4.52) and last traded at GBX 349.50 ($4.57), with a volume of 30238 shares traded. The stock had previously closed at GBX 353.50 ($4.62).
Separately, Liberum Capital initiated coverage on shares of CareTech in a report on Monday, September 17th. They issued a “buy” rating and a GBX 525 ($6.86) target price on the stock.
CareTech Company Profile (LON:CTH)
CareTech Holdings PLC and its subsidiaries provide social care and support services for children, young people, and adults in the United Kingdom. The company operates through two segments, Adult Services and Children Services. The Adult services segment provides individual tailor made solutions for people living in their own homes, residential care, or independent supported living schemes.
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