NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Shares Up 5.4% – Should You Buy?

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF)’s share price rose 5.4% during mid-day trading on Thursday . The stock traded as high as $3.68 and last traded at $3.68. Approximately 4,730 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 26,513 shares. The stock had previously closed at $3.49.

Analyst Ratings Changes

Separately, National Bankshares reiterated an “outperform” rating on shares of NorthWest Healthcare Properties Real Estate Investment Trust in a research report on Tuesday, March 11th.

NorthWest Healthcare Properties Real Estate Investment Trust Stock Performance

The firm’s 50-day moving average price is $3.52 and its 200 day moving average price is $3.38.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were paid a $0.0214 dividend. The ex-dividend date was Friday, May 30th. This represents a yield of 7.49%. NorthWest Healthcare Properties Real Estate Investment Trust’s payout ratio is presently -154.95%.

About NorthWest Healthcare Properties Real Estate Investment 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. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at September 30, 2023, of interests in a diversified portfolio of 229 income-producing properties and 18.2 million square feet of gross leasable area located throughout major markets in Canada, the United States, Brazil, Europe, Australia, and New Zealand.