NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Crosses Above Two Hundred Day Moving Average of $4.92

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.92 and traded as high as C$5.63. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.56, with a volume of 1,045,396 shares.

Wall Street Analyst Weigh In

NWH.UN has been the topic of a number of research reports. CIBC lowered their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.75 to C$5.50 in a research note on Thursday, August 15th. BMO Capital Markets upped their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.25 and gave the company a “market perform” rating in a research note on Monday, May 27th. Finally, National Bankshares set a C$5.50 target price on shares of NorthWest Health Prop Real Est Inv Trust and gave the stock a “sector perform” rating in a research note on Wednesday, September 4th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, NorthWest Health Prop Real Est Inv Trust presently has an average rating of “Hold” and an average price target of C$5.88.

NorthWest Health Prop Real Est Inv Trust Trading Up 0.2 %

The business’s 50-day simple moving average is C$5.08 and its 200-day simple moving average is C$4.92. The company has a debt-to-equity ratio of 129.42, a current ratio of 0.25 and a quick ratio of 0.06. The company has a market cap of C$1.37 billion, a price-to-earnings ratio of -3.50, a PEG ratio of 0.74 and a beta of 1.05.

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.