NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why
by Mitch Edgeman · The Markets DailyNorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.38 and traded as high as C$5.41. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.40, with a volume of 418,257 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts have commented on NWH.UN shares. Royal Bank Of Canada lifted their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$6.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 4th. ATB Cormark Capital Markets downgraded shares of NorthWest Health Prop Real Est Inv Trust from an “outperform” rating to a “sector perform” rating and set a C$6.25 target price on the stock. in a research note on Friday, February 27th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of C$6.20.
View Our Latest Report on NWH.UN
NorthWest Health Prop Real Est Inv Trust Stock Up 0.4%
The business’s 50 day moving average price is C$5.62 and its 200-day moving average price is C$5.38. The firm has a market capitalization of C$1.38 billion, a PE ratio of -26.20, a P/E/G ratio of 0.74 and a beta of 1.63. The company has a debt-to-equity ratio of 129.42, a quick ratio of 0.06 and a current ratio of 0.25.
NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN – Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported C($0.16) earnings per share (EPS) for the quarter. The company had revenue of C$102.27 million during the quarter. NorthWest Health Prop Real Est Inv Trust had a negative net margin of 75.29% and a negative return on equity of 14.67%. As a group, equities research analysts forecast that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 earnings per share for the current year.
NorthWest Health Prop Real Est Inv Trust Company Profile
Northwest Healthcare Properties Real Estate Investment Trust provides investors with access to a portfolio of high-quality healthcare real estate. The company provides investors exposure to a well-diversified portfolio of healthcare real estate located in the greater areas of cities such as Australasia, Brazil, Germany, and Canada of which Australasia derives a majority of revenue to the company.