NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Wall Street Analysts Forecast Growth

NWH.UN has been the subject of several research analyst reports. BMO Capital Markets increased 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. CIBC increased their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a report on Thursday, November 13th. Finally, Scotiabank lifted their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$6.13.

NorthWest Health Prop Real Est Inv Trust Price Performance

The firm has a market cap of C$1.28 billion, a PE ratio of 25.53, a PEG ratio of 0.74 and a beta of 1.46. The firm has a fifty day simple moving average of C$5.13 and a two-hundred day simple moving average of C$4.98. 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 quarterly earnings data on Tuesday, November 11th. The company reported C$0.06 earnings per share (EPS) for the quarter. The business had revenue of C$110.69 million for the quarter. NorthWest Health Prop Real Est Inv Trust had a negative return on equity of 14.67% and a negative net margin of 75.29%. Equities analysts predict that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 EPS for the current fiscal 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.