NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Price Passes Above 200-Day Moving Average – What’s Next?

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$4.94 and traded as high as C$5.02. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.95, with a volume of 971,901 shares changing hands.

Wall Street Analyst Weigh In

Separately, National Bankshares upped their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 and gave the stock an “outperform” rating in a research note on Tuesday, March 11th.

NorthWest Health Prop Real Est Inv Trust Stock Down 4.8 %

The firm has a market cap of C$1.16 billion, a P/E ratio of -2.96, a P/E/G ratio of 0.74 and a beta of 1.05. The company has a current ratio of 0.25, a quick ratio of 0.06 and a debt-to-equity ratio of 129.42. The business has a 50-day moving average price of C$4.84 and a 200-day moving average price of C$4.94.

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.