NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Hits New 12-Month High – Here’s What Happened

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$5.74 and last traded at C$5.69, with a volume of 173207 shares trading hands. The stock had previously closed at C$5.67.

Analysts Set New Price Targets

NWH.UN has been the topic of several research analyst reports. Scotiabank raised their price objective on NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a report on Thursday, November 13th. Royal Bank Of Canada set a C$5.50 price target on shares of NorthWest Health Prop Real Est Inv Trust and gave the company a “sector perform” rating in a research note on Monday, November 24th. CIBC boosted their price target on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a report on Thursday, November 13th. Finally, BMO Capital Markets upped their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$6.00 in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, NorthWest Health Prop Real Est Inv Trust has an average rating of “Moderate Buy” and an average price target of C$6.00.

NorthWest Health Prop Real Est Inv Trust Price Performance

The company has a current ratio of 0.25, a quick ratio of 0.06 and a debt-to-equity ratio of 129.42. The stock has a fifty day simple moving average of C$5.35 and a two-hundred day simple moving average of C$5.14. The company has a market cap of C$1.39 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 0.74 and a beta of 1.69.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) last issued its earnings results on Tuesday, November 11th. The company reported C$0.06 earnings per share (EPS) for the quarter. NorthWest Health Prop Real Est Inv Trust had a negative return on equity of 14.67% and a negative net margin of 75.29%.The business had revenue of C$110.69 million during the quarter. On average, equities analysts predict that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 EPS for the current fiscal year.

About NorthWest Health Prop Real Est Inv Trust

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.