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

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.96 and traded as high as C$5.00. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.89, with a volume of 424,117 shares changing hands.

Analysts Set New Price Targets

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

NorthWest Health Prop Real Est Inv Trust Trading Down 0.8 %

The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of -3.08, a PEG ratio of 0.74 and a beta of 1.05. The company has a debt-to-equity ratio of 129.42, a quick ratio of 0.06 and a current ratio of 0.25. The business has a 50-day moving average of C$4.61 and a 200-day moving average of C$4.96.

NorthWest Health Prop Real Est Inv Trust Company Profile

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.