NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$5.04 and traded as low as C$4.48. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.52, with a volume of 819,438 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. BMO Capital Markets dropped their price target on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.25 in a research note on Tuesday, November 19th. 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 report on Wednesday, September 4th.

NorthWest Health Prop Real Est Inv Trust Price Performance

The firm has a market capitalization of C$1.11 billion, a P/E ratio of -2.84, a price-to-earnings-growth ratio of 0.74 and a beta of 1.05. The company has a debt-to-equity ratio of 129.42, a quick ratio of 0.06 and a current ratio of 0.25. The business has a fifty day moving average of C$4.92 and a 200-day moving average of C$5.03.

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.