Chartwell Retirement Residences (OTCMKTS:CWSRF) Shares Down 1.9% – Here’s Why

Chartwell Retirement Residences (OTCMKTS:CWSRFGet Free Report) shares fell 1.9% during trading on Friday . The stock traded as low as $16.10 and last traded at $16.10. 954,551 shares were traded during trading, an increase of 1,597% from the average daily volume of 56,243 shares. The stock had previously closed at $16.42.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CWSRF shares. TD Securities reaffirmed a “buy” rating on shares of Chartwell Retirement Residences in a report on Monday, May 11th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, May 11th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Chartwell Retirement Residences in a report on Monday, May 11th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Chartwell Retirement Residences currently has a consensus rating of “Buy”.

View Our Latest Stock Analysis on CWSRF

Chartwell Retirement Residences Stock Down 1.9%

The business’s 50 day moving average price is $15.65 and its two-hundred day moving average price is $15.44.

About Chartwell Retirement Residences

(Get Free Report)

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.

Further Reading

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