Chartwell Retirement Residences (OTCMKTS:CWSRF) Trading Up 0.9% – Should You Buy?

Chartwell Retirement Residences (OTCMKTS:CWSRFGet Free Report) rose 0.9% during mid-day trading on Thursday . The company traded as high as $15.2015 and last traded at $15.2015. Approximately 16,755 shares traded hands during trading, a decline of 11% from the average daily volume of 18,839 shares. The stock had previously closed at $15.06.

Analysts Set New Price Targets

Separately, Scotiabank restated an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, November 10th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

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Chartwell Retirement Residences Stock Performance

The business’s 50-day moving average price is $14.76 and its 200-day moving average price is $14.07.

Chartwell Retirement Residences Company Profile

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Chartwell Retirement Residences (OTCMKTS: CWSRF) is one of Canada’s largest providers of seniors housing, offering a range of retirement living options and care services. Headquartered in Mississauga, Ontario, the company develops, owns and operates retirement communities across multiple provinces, catering to the evolving needs of older adults seeking independent living, assisted living, memory care and long-term care.

The company’s portfolio includes more than 150 retirement residences that deliver hospitality-style services such as chef-prepared meals, housekeeping, dining and recreation programs.

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