NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.94 and traded as high as C$5.07. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.00, with a volume of 455,064 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, National Bankshares raised their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 and gave the company an "outperform" rating in a research note on Tuesday, March 11th.

NorthWest Health Prop Real Est Inv Trust Stock Up 0.2 %

The stock's 50 day simple moving average is C$4.80 and its 200 day simple moving average is C$4.94. The stock has a market capitalization of C$1.24 billion, a P/E ratio of -3.16, a P/E/G ratio of 0.74 and a beta of 1.05. The company has a current ratio of 0.25, a quick ratio of 0.06 and a debt-to-equity ratio of 129.42.

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.