NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) Trading 4.3% Higher – Still a Buy?

NorthWest Healthcare Properties Real Estate Investment Trust (OTCMKTS:NWHUF) shot up 4.3% during mid-day trading on Tuesday . The stock traded as high as $3.51 and last traded at $3.51. 1,151 shares traded hands during trading, a decline of 97% from the average session volume of 33,801 shares. The stock had previously closed at $3.37.

Analyst Upgrades and Downgrades

Separately, National Bankshares reaffirmed 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 Up 1.7 %

The firm has a 50 day moving average price of $3.41 and a two-hundred day moving average price of $3.45.

NorthWest Healthcare Properties Real Estate Investment Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.021 per share. The ex-dividend date was Monday, March 31st. This represents a yield of 7.17%. NorthWest Healthcare Properties Real Estate Investment Trust’s dividend payout ratio (DPR) is -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.