NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• NorthWest Health Prop Real Est Inv Trust shares fell below their 200-day moving average, trading as low as C$4.73 and closing at C$4.76 on Monday.
• The company's debt-to-equity ratio is notably high at 129.42, indicating significant leverage, while it has a market capitalization of C$1.17 billion.
• NorthWest Health primarily operates in healthcare real estate, with a well-diversified portfolio located in regions including Australasia, Brazil, Germany, and Canada.

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$4.86 and traded as low as C$4.73. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.76, with a volume of 592,028 shares traded.

NorthWest Health Prop Real Est Inv Trust Stock Performance

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$1.19 billion, a P/E ratio of -3.03, a PEG ratio of 0.74 and a beta of 1.05. The stock has a fifty day simple moving average of C$4.92 and a 200-day simple moving average of C$4.86.

About NorthWest Health Prop Real Est Inv Trust

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.