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Chartwell Retirement Residences (TSE:CSH.UN) Shares Cross Above 200-Day Moving Average - Time to Sell?

Chartwell Retirement Residences logo with Real Estate background

Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$18.30 and traded as high as C$20.97. Chartwell Retirement Residences shares last traded at C$20.97, with a volume of 210,567 shares changing hands.

Analyst Ratings Changes

A number of analysts have commented on the stock. National Bankshares upped their target price on shares of Chartwell Retirement Residences from C$22.00 to C$24.00 and gave the company an "outperform" rating in a report on Wednesday, October 8th. Scotiabank upped their target price on shares of Chartwell Retirement Residences from C$20.00 to C$22.00 in a report on Monday, August 11th. Royal Bank Of Canada upped their target price on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 and gave the company an "outperform" rating in a report on Monday, August 11th. Desjardins upped their target price on shares of Chartwell Retirement Residences from C$21.00 to C$22.00 and gave the company a "buy" rating in a report on Monday, August 11th. Finally, TD Securities reduced their target price on shares of Chartwell Retirement Residences from C$22.00 to C$21.00 and set a "buy" rating for the company in a report on Monday, August 11th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$21.44.

Check Out Our Latest Stock Analysis on CSH.UN

Chartwell Retirement Residences Trading Up 0.6%

The firm has a market capitalization of C$6.07 billion, a P/E ratio of 107.37 and a beta of 0.67. The stock's 50-day simple moving average is C$19.35 and its two-hundred day simple moving average is C$18.30. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07.

Chartwell Retirement Residences Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 17th will be given a dividend of $0.051 per share. The ex-dividend date is Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. Chartwell Retirement Residences's dividend payout ratio is currently 313.36%.

Chartwell Retirement Residences Company Profile

(Get Free Report)

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.

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