NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Cross Above 200-Day Moving Average of $4.82

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.82 and traded as high as C$4.83. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.80, with a volume of 260,733 shares.

Analyst Ratings Changes

Several brokerages have weighed in on NWH.UN. BMO Capital Markets upped their target price on NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.25 and gave the stock a “market perform” rating in a report on Monday, May 27th. National Bankshares increased their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.25 to C$5.75 and gave the stock a “sector perform” rating in a report on Thursday, May 16th. CIBC raised their target price 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, Cormark raised shares of NorthWest Health Prop Real Est Inv Trust from a “market perform” rating to a “buy” rating in a research report on Thursday, March 21st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$6.46.

NorthWest Health Prop Real Est Inv Trust Stock Performance

The firm’s 50 day moving average is C$4.95 and its 200 day moving average is C$4.82. 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 has a market cap of C$1.23 billion, a P/E ratio of -4.10, a price-to-earnings-growth ratio of 0.74 and a beta of 0.99.

NorthWest Health Prop Real Est Inv Trust Company Profile

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.