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) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. BMO Capital Markets lowered their price target 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 report on Thursday, March 21st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, NorthWest Health Prop Real Est Inv Trust presently has a consensus rating of “Hold” and a consensus price target of C$6.29.

NorthWest Health Prop Real Est Inv Trust Stock Performance

The company has a debt-to-equity ratio of 127.50, a current ratio of 0.38 and a quick ratio of 0.06. The stock 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 cap of C$1.18 billion, a PE ratio of -3.41, a PEG ratio of 0.74 and a beta of 0.97.

About NorthWest Health Prop Real Est Inv Trust

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.