NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Price Crosses Below 200-Day Moving Average - Here's Why

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) shares 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 trading hands.

Wall Street Analysts Forecast Growth

NWH.UN has been the topic of several analyst reports. National Bankshares set a C$5.50 price target on shares of 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 decreased their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.25 in a report on Tuesday, November 19th.

NorthWest Health Prop Real Est Inv Trust Trading Up 1.3 %

The company has a debt-to-equity ratio of 129.42, a current ratio of 0.25 and a quick ratio of 0.06. The business's 50 day simple moving average is C$5.01 and its 200 day simple moving average is C$5.06. The stock has a market cap of C$1.11 billion, a P/E ratio of -2.84, a PEG ratio of 0.74 and a beta of 1.05.

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.