NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Share Price Crosses Above 200-Day Moving Average – Here’s Why

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.98 and traded as high as C$5.26. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.16, with a volume of 439,089 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. CIBC raised their price target on NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a research note on Thursday, November 13th. BMO Capital Markets raised their target price on NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$6.00 in a research report on Thursday, November 13th. Finally, Scotiabank boosted their price target on NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a research note on Thursday, November 13th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, NorthWest Health Prop Real Est Inv Trust presently has a consensus rating of “Buy” and an average target price of C$6.13.

NorthWest Health Prop Real Est Inv Trust Trading Down 0.4%

The stock has a 50-day moving average price of C$5.13 and a two-hundred day moving average price of C$4.98. The stock has a market capitalization of C$1.28 billion, a PE ratio of 25.53, a PEG ratio of 0.74 and a beta of 1.46. 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) last released its earnings results on Tuesday, November 11th. The company reported C$0.06 EPS for the quarter. The company had revenue of C$110.69 million for 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 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.