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) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NWH.UN shares. Cormark raised shares of NorthWest Health Prop Real Est Inv Trust from a “market perform” rating to a “buy” rating in a research note on Thursday, March 21st. BMO Capital Markets cut their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$6.00 to C$5.00 in a research note on Friday, February 9th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of C$6.29.

NorthWest Health Prop Real Est Inv Trust Trading Up 0.2 %

The firm has a market cap of C$1.18 billion, a PE ratio of -3.38, a P/E/G ratio of 0.74 and a beta of 0.97. 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’s 50-day moving average is C$4.57 and its 200 day moving average is C$4.64.

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.