NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Pass Above 200 Day Moving Average of $4.64

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.64 and traded as high as C$4.85. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.84, with a volume of 216,028 shares trading hands.

Analyst Ratings Changes

NWH.UN has been the subject of a number of analyst reports. Cormark upgraded 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. BMO Capital Markets cut their target price on NorthWest Health Prop Real Est Inv Trust from C$6.00 to C$5.00 in a research report on Friday, February 9th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, NorthWest Health Prop Real Est Inv Trust currently has an average rating of “Hold” and a consensus price target of C$6.29.

NorthWest Health Prop Real Est Inv Trust Price Performance

The company has a 50 day moving average price of C$4.57 and a 200-day moving average price of C$4.64. The company has a market cap of C$1.18 billion, a price-to-earnings ratio of -3.38, a P/E/G ratio of 0.74 and a beta of 0.97. The company has a quick ratio of 0.06, a current ratio of 0.38 and a debt-to-equity ratio of 127.50.

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.