NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.02 and traded as low as C$4.53. NorthWest Health Prop Real Est Inv Trust shares last traded at C$4.61, with a volume of 609,166 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets dropped their price target on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.25 in a research report on Tuesday, November 19th.

NorthWest Health Prop Real Est Inv Trust Trading Up 1.5 %

The firm has a market cap of C$1.14 billion, a PE ratio of -2.90, a PEG ratio of 0.74 and a beta of 1.05. The firm has a fifty day simple moving average of C$4.83 and a two-hundred day simple moving average of C$5.02. The company has a current ratio of 0.25, a quick ratio of 0.06 and a debt-to-equity ratio of 129.42.

About NorthWest Health Prop Real Est Inv Trust

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.