Chartwell Retirement Residences (TSE:CSH.UN) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Chartwell Retirement Residences (TSE:CSH.UN)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$14.91 and traded as high as C$15.76. Chartwell Retirement Residences shares last traded at C$15.74, with a volume of 238,097 shares traded.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. TD Securities boosted their price objective on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Monday, November 18th. CIBC boosted their price target on shares of Chartwell Retirement Residences from C$16.50 to C$19.00 in a research report on Monday, November 18th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$17.08.

Chartwell Retirement Residences Stock Up 0.8 %

The firm has a market cap of C$4.27 billion, a PE ratio of -92.59 and a beta of 1.12. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. The company’s 50-day simple moving average is C$15.55 and its two-hundred day simple moving average is C$14.91.

Chartwell Retirement Residences Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.051 per share. The ex-dividend date is Friday, January 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 3.89%. Chartwell Retirement Residences’s dividend payout ratio is presently -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.