Chartwell Retirement Residences (OTCMKTS:CWSRF) Trading Up 0.9% – Here’s What Happened

Chartwell Retirement Residences (OTCMKTS:CWSRF) shares traded up 0.9% during mid-day trading on Thursday . The stock traded as high as $15.2015 and last traded at $15.2015. 16,755 shares changed hands during trading, a decline of 11% from the average session volume of 18,839 shares. The stock had previously closed at $15.06.

Analysts Set New Price Targets

Separately, Scotiabank reiterated an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Chartwell Retirement Residences presently has a consensus rating of “Buy”.

Chartwell Retirement Residences Stock Up 0.9%

The company has a 50-day simple moving average of $14.75 and a two-hundred day simple moving average of $14.06.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences (OTCMKTS: CWSRF) is one of Canada’s largest providers of seniors housing, offering a range of retirement living options and care services. Headquartered in Mississauga, Ontario, the company develops, owns and operates retirement communities across multiple provinces, catering to the evolving needs of older adults seeking independent living, assisted living, memory care and long-term care.

The company’s portfolio includes more than 150 retirement residences that deliver hospitality-style services such as chef-prepared meals, housekeeping, dining and recreation programs.