NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Cross Above 200-Day Moving Average of $4.81

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.81 and traded as high as C$5.18. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.15, with a volume of 303,811 shares changing hands.

Wall Street Analysts Forecast Growth

NWH.UN has been the topic of a number of recent analyst reports. National Bankshares increased their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.25 to C$5.75 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. CIBC increased their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.75 and gave the company a “neutral” rating in a research report on Thursday, May 16th. Finally, BMO Capital Markets increased their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.25 and gave the company a “market perform” rating in a research report on Monday, May 27th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, NorthWest Health Prop Real Est Inv Trust currently has a consensus rating of “Hold” and a consensus target price of C$6.46.

NorthWest Health Prop Real Est Inv Trust Price Performance

The company has a debt-to-equity ratio of 128.43, a quick ratio of 0.06 and a current ratio of 0.19. The stock’s 50-day moving average is C$4.93 and its 200 day moving average is C$4.81. The stock has a market capitalization of C$1.27 billion, a PE ratio of -4.22, a P/E/G ratio of 0.74 and a beta of 0.99.

About NorthWest Health Prop Real Est Inv Trust

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.