NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Pass Above 200 Day Moving Average - What's Next?

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.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$4.77 and traded as high as C$5.05. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.03, with a volume of 457,784 shares trading hands.

Analysts Set New Price Targets

Separately, National Bankshares increased their price target on 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 report on Tuesday, March 11th.

NorthWest Health Prop Real Est Inv Trust Stock Up 0.6%

The stock has a market cap of C$1.24 billion, a P/E ratio of -3.16, a price-to-earnings-growth ratio of 0.74 and a beta of 1.05. The firm has a 50 day simple moving average of C$4.85 and a 200-day simple moving average of C$4.77. The company has a quick ratio of 0.06, a current ratio of 0.25 and a debt-to-equity ratio of 129.42.

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.