NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Crosses Above 200-Day Moving Average of $4.82

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.82 and traded as high as C$4.83. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.80, with a volume of 260,733 shares.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. National Bankshares upped their price target on NorthWest Health Prop Real Est Inv Trust from C$5.25 to C$5.75 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. BMO Capital Markets raised their price target on NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.25 and gave the stock a “market perform” rating in a report on Monday, May 27th. Cormark upgraded NorthWest Health Prop Real Est Inv Trust from a “market perform” rating to a “buy” rating in a research note on Thursday, March 21st. Finally, CIBC raised their target price on NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.75 and gave the company a “neutral” rating in a research note on Thursday, May 16th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$6.46.

NorthWest Health Prop Real Est Inv Trust Price Performance

The business’s 50-day simple moving average is C$4.95 and its 200 day simple moving average is C$4.82. The company has a market capitalization of C$1.23 billion, a P/E ratio of -4.10, a P/E/G ratio of 0.74 and a beta of 0.99. The company has a current ratio of 0.19, a quick ratio of 0.06 and a debt-to-equity ratio of 128.43.

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.