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

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.47 and traded as high as C$5.74. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.68, with a volume of 481,971 shares traded.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Royal Bank Of Canada increased their price objective on NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$6.00 and gave the company a “sector perform” rating in a research note on Wednesday, March 4th. ATB Cormark Capital Markets lowered NorthWest Health Prop Real Est Inv Trust from an “outperform” rating to a “sector perform” rating and set a C$6.25 target price for the company. in a report on Friday, February 27th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$6.20.

NorthWest Health Prop Real Est Inv Trust Stock Performance

The stock has a market capitalization of C$1.41 billion, a PE ratio of -26.87, a price-to-earnings-growth ratio of 0.74 and a beta of 1.63. The stock has a fifty day moving average of C$5.55 and a 200-day moving average of C$5.47. The company has a quick ratio of 0.06, a current ratio of 0.25 and a debt-to-equity ratio of 129.42.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) last released its earnings results on Tuesday, February 24th. The company reported C($0.16) earnings per share (EPS) for the quarter. The company had revenue of C$102.27 million during the quarter. NorthWest Health Prop Real Est Inv Trust had a negative net margin of 75.29% and a negative return on equity of 14.67%. Equities analysts anticipate that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 earnings per share 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.