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

Key Points

• Passed above its 200-day moving average: NWH.UN traded as high as C$5.41 and last at C$5.40 on Wednesday, exceeding its 200-day MA of C$5.38 on volume of 418,257 shares.
• Analyst consensus is "Hold": the stock carries an average rating of Hold with a consensus price target of C$6.20; RBC raised its target to C$6.00 while ATB Cormark downgraded to sector perform (C$6.25 target).
• Fundamentals show profitability and leverage concerns: market cap C$1.34B, reported C($0.16) EPS last quarter with a negative net margin of 75.29% and a high debt-to-equity ratio of 129.42.

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.38 and traded as high as C$5.41. NorthWest Health Prop Real Est Inv Trust shares last traded at C$5.40, with a volume of 418,257 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on NWH.UN shares. 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 stock a "sector perform" rating in a research report on Wednesday, March 4th. ATB Cormark Capital Markets cut NorthWest Health Prop Real Est Inv Trust from an "outperform" rating to a "sector perform" rating and set a C$6.25 target price for the company. in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$6.20.

NorthWest Health Prop Real Est Inv Trust Stock Performance

The company has a market capitalization of C$1.34 billion, a price-to-earnings ratio of -25.54, a price-to-earnings-growth ratio of 0.74 and a beta of 1.63. The company has a debt-to-equity ratio of 129.42, a current ratio of 0.25 and a quick ratio of 0.06. The stock has a 50 day moving average price of C$5.63 and a two-hundred day moving average price of C$5.38.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported C($0.16) earnings per share for the quarter. The business had revenue of C$102.27 million during 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%. On average, 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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