NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Pass Above 200-Day Moving Average of $4.80

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$4.80 and traded as high as C$5.12. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.08, with a volume of 533,222 shares trading hands.

Analyst Ratings Changes

Several research analysts have recently commented on NWH.UN shares. CIBC dropped their price target on shares of NorthWest Health Prop Real Est Inv Trust from C$5.75 to C$5.50 in a research note on Thursday, August 15th. National Bankshares raised their target price on NorthWest Health Prop Real Est Inv Trust from C$5.25 to C$5.75 and gave the company a “sector perform” rating in a report on Thursday, May 16th. Finally, BMO Capital Markets upped their price target on NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$5.25 and gave the stock a “market perform” rating in a research note on Monday, May 27th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$5.92.

NorthWest Health Prop Real Est Inv Trust Price Performance

The company has a 50-day moving average of C$4.90 and a 200 day moving average of C$4.80. The firm has a market cap of C$1.31 billion, a P/E ratio of -4.36, a P/E/G ratio of 0.74 and a beta of 1.05. The company has a debt-to-equity ratio of 128.43, a quick ratio of 0.06 and a current ratio of 0.19.

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.