NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.10 and traded as high as C$5.10. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.04, with a volume of 775,484 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NWH.UN. BMO Capital Markets boosted their price objective on NorthWest Health Prop Real Est Inv Trust from C$5.25 to C$5.50 in a research note on Thursday, October 10th. National Bankshares set a C$5.50 price objective on shares of NorthWest Health Prop Real Est Inv Trust and gave the company a "sector perform" rating in a research note on Wednesday, September 4th. Finally, CIBC cut their price target on NorthWest Health Prop Real Est Inv Trust from C$5.75 to C$5.50 in a report on Thursday, August 15th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, NorthWest Health Prop Real Est Inv Trust currently has a consensus rating of "Hold" and a consensus price target of C$5.50.

NorthWest Health Prop Real Est Inv Trust Stock Up 1.4 %

The company has a 50-day simple moving average of C$5.34 and a two-hundred day simple moving average of C$5.10. 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 stock has a market cap of C$1.26 billion, a P/E ratio of -3.17, a P/E/G 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.