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

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s stock price passed 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.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NWH.UN. BMO Capital Markets reduced their price target on NorthWest Health Prop Real Est Inv Trust from C$6.00 to C$5.00 in a research 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 research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, NorthWest Health Prop Real Est Inv Trust presently has an average rating of “Hold” and a consensus price target of C$6.29.

NorthWest Health Prop Real Est Inv Trust Stock Performance

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 company has a market capitalization of C$1.19 billion, a PE ratio of -3.42, a price-to-earnings-growth ratio of 0.74 and a beta of 0.97. The firm’s fifty day simple moving average is C$4.58 and its 200 day simple moving average is C$4.64.

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.