NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.04 and traded as low as C$4.48. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.52, with a volume of 819,438 shares traded.

Analyst Ratings Changes

NWH.UN has been the subject of a number of research analyst reports. BMO Capital Markets lowered their price target on NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.25 in a report on Tuesday, November 19th. National Bankshares set a C$5.50 target price on shares of NorthWest Health Prop Real Est Inv Trust and gave the stock a “sector perform” rating in a research note on Wednesday, September 4th.

NorthWest Health Prop Real Est Inv Trust Trading Up 0.2 %

The company has a 50 day simple moving average of C$4.92 and a 200 day simple moving average of C$5.03. The stock has a market capitalization of C$1.11 billion, a PE ratio of -2.84, a P/E/G ratio of 0.74 and a beta of 1.05. The company has a current ratio of 0.25, a quick ratio of 0.06 and a debt-to-equity ratio of 129.42.

NorthWest Health Prop Real Est Inv Trust Company Profile

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.