NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.06 and traded as low as C$4.44. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.45, with a volume of 1,236,483 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NWH.UN shares. National Bankshares set a C$5.50 target price on NorthWest Health Prop Real Est Inv Trust and gave the stock a “sector perform” rating in a research note on Wednesday, September 4th. BMO Capital Markets dropped 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 1.3 %

The firm has a market capitalization of C$1.11 billion, a price-to-earnings ratio of -2.84, a P/E/G ratio of 0.74 and a beta of 1.05. The company has a quick ratio of 0.06, a current ratio of 0.25 and a debt-to-equity ratio of 129.42. The company’s 50 day moving average price is C$5.00 and its 200 day moving average price is C$5.05.

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.