Chartwell Retirement Residences (OTCMKTS:CWSRF) Stock Price Up 0.2% – What’s Next?

Chartwell Retirement Residences (OTCMKTS:CWSRF)’s stock price rose 0.2% during mid-day trading on Thursday . The company traded as high as $14.7880 and last traded at $14.67. Approximately 520 shares traded hands during trading, a decline of 93% from the average daily volume of 7,970 shares. The stock had previously closed at $14.64.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reiterated an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, November 10th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, Chartwell Retirement Residences currently has a consensus rating of “Buy”.

Chartwell Retirement Residences Stock Up 0.2%

The firm’s 50 day simple moving average is $14.55 and its two-hundred day simple moving average is $13.89.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences (OTCMKTS: CWSRF) is one of Canada’s largest providers of seniors housing, offering a range of retirement living options and care services. Headquartered in Mississauga, Ontario, the company develops, owns and operates retirement communities across multiple provinces, catering to the evolving needs of older adults seeking independent living, assisted living, memory care and long-term care.

The company’s portfolio includes more than 150 retirement residences that deliver hospitality-style services such as chef-prepared meals, housekeeping, dining and recreation programs.