NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.06 and traded as low as C$4.44. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.45, with a volume of 1,236,483 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on NWH.UN shares. BMO Capital Markets decreased their price objective on shares of 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 price target on NorthWest Health Prop Real Est Inv Trust and gave the company a “sector perform” rating in a research report on Wednesday, September 4th.

NorthWest Health Prop Real Est Inv Trust Stock Performance

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 firm has a market cap of C$1.10 billion, a P/E ratio of -2.80, a PEG ratio of 0.74 and a beta of 1.05. The stock’s 50 day moving average is C$5.01 and its two-hundred day moving average is C$5.06.

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.