NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Cross Above 200-Day Moving Average of $4.64

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.64 and traded as high as C$4.90. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.79, with a volume of 278,054 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NWH.UN. BMO Capital Markets cut their price objective on NorthWest Health Prop Real Est Inv Trust from C$6.00 to C$5.00 in a report on Friday, February 9th. Cormark raised NorthWest Health Prop Real Est Inv Trust from a “market perform” rating to a “buy” rating in a research report on Thursday, March 21st. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, NorthWest Health Prop Real Est Inv Trust has an average rating of “Hold” and an average price target of C$6.29.

NorthWest Health Prop Real Est Inv Trust Stock Performance

The company has a current ratio of 0.38, a quick ratio of 0.06 and a debt-to-equity ratio of 127.50. The firm has a 50-day simple moving average of C$4.51 and a two-hundred day simple moving average of C$4.65. The company has a market capitalization of C$1.18 billion, a price-to-earnings ratio of -3.41, a price-to-earnings-growth ratio of 0.74 and a beta of 0.97.

NorthWest Health Prop Real Est Inv Trust Company Profile

NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (NorthWest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. As at June 30, 2020, the REIT provides investors with access to a portfolio of high quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 189 income-producing properties and 15.3 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Europe, Australia and New Zealand.