NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Passes Above 200-Day Moving Average of $4.66

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.66 and traded as high as C$5.14. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.05, with a volume of 209,259 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on NWH.UN shares. BMO Capital Markets lowered their price target on NorthWest Health Prop Real Est Inv Trust from C$6.00 to C$5.00 in a research report on Friday, February 9th. Cormark upgraded NorthWest Health Prop Real Est Inv Trust from a “market perform” rating to a “buy” rating in a research note on Thursday, March 21st. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, NorthWest Health Prop Real Est Inv Trust presently has a consensus rating of “Hold” and a consensus price target of C$6.29.

NorthWest Health Prop Real Est Inv Trust Stock Performance

The company has a current ratio of 0.38, a quick ratio of 0.06 and a debt-to-equity ratio of 127.50. The company has a market cap of C$1.23 billion, a P/E ratio of -3.53, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02. The company has a 50 day moving average price of C$4.68 and a 200-day moving average price of C$4.66.

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.