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

Key Points

• Share price crossed above its 200-day moving average — the 200-day MA is C$5.44, the stock traded as high as C$5.60 and last at C$5.54 on volume of 278,319 shares.
• Analysts hold a consensus "Hold" rating with an average target of C$6.20; RBC raised its target to C$6.00 while ATB Cormark downgraded to sector perform with a C$6.25 target.
• Fundamentals are weak: the company reported a loss (C($0.16) EPS), a negative net margin of 75.29%, and high leverage (debt-to-equity 129.42), with a market cap of C$1.38 billion.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$5.44 and traded as high as C$5.60. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.54, with a volume of 278,319 shares traded.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. ATB Cormark Capital Markets downgraded NorthWest Health Prop Real Est Inv Trust from an "outperform" rating to a "sector perform" rating and set a C$6.25 price target on the stock. in a research report on Friday, February 27th. Royal Bank Of Canada raised their target price on NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$6.00 and gave the company a "sector perform" rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of C$6.20.

NorthWest Health Prop Real Est Inv Trust Trading Down 0.5%

The business has a 50-day moving average of C$5.59 and a two-hundred day moving average of C$5.44. 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 firm has a market capitalization of C$1.38 billion, a price-to-earnings ratio of -26.20, a P/E/G ratio of 0.74 and a beta of 1.63.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The company reported C($0.16) earnings per share (EPS) for the quarter. The firm had revenue of C$102.27 million for the quarter. NorthWest Health Prop Real Est Inv Trust had a negative net margin of 75.29% and a negative return on equity of 14.67%. Research analysts predict that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 EPS for the current fiscal year.

NorthWest Health Prop Real Est Inv Trust Company Profile

Northwest Healthcare Properties Real Estate Investment Trust provides investors with access to a portfolio of high-quality healthcare real estate. The company provides investors exposure to a well-diversified portfolio of healthcare real estate located in the greater areas of cities such as Australasia, Brazil, Germany, and Canada of which Australasia derives a majority of revenue to the company.

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