NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Share Price Passes Above 200 Day Moving Average of $4.64

Posted by Xavier Holt on Apr 27th, 2024

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.64 and traded as high as C$4.85. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.84, with a volume of 216,028 shares.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. BMO Capital Markets reduced 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 investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of C$6.29.

View Our Latest Research Report on NWH.UN

NorthWest Health Prop Real Est Inv Trust Stock Performance

The firm has a market cap of C$1.19 billion, a PE ratio of -3.42, a P/E/G ratio of 0.74 and a beta of 0.97. 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 moving average price of C$4.58 and a 200 day moving average price of C$4.64.

NorthWest Health Prop Real Est Inv Trust Company Profile

(Get Free Report)

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.