NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.96 and traded as low as C$4.74. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.86, with a volume of 1,372,449 shares changing hands.

Analysts Set New Price Targets

Separately, BMO Capital Markets cut their price target on NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.25 in a research note on Tuesday, November 19th.

NorthWest Health Prop Real Est Inv Trust Stock Up 0.8 %

The company has a market capitalization of C$1.25 billion, a price-to-earnings ratio of -3.19, a P/E/G ratio of 0.74 and a beta of 1.05. The business’s 50-day moving average is C$4.59 and its 200-day moving average is C$4.96. The company has a quick ratio of 0.06, a current ratio of 0.25 and a debt-to-equity ratio of 129.42.

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.