Medical Properties Trust (MPW) has risen sharply, recording gains of 2.18% in the past 4 weeks. However, the stock has corrected -1.53% in the past 1 week, providing a good buying opportunity on dips. Medical Properties Trust (MPW) : During the past 4 weeks, traders have been relatively bearish on Medical Properties Trust (MPW), hence the stock is down -0.3% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.95% relative to the S&P 500.
Medical Properties Trust (NYSE:MPW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.46 and $15.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.46, notching a gain of 0.65% for the day. The total traded volume was 1,742,920 . The stock had closed at $15.36 on the previous day.
The stock has recorded a 20-day Moving Average of 0.06% and the 50-Day Moving Average is 2.56%. Medical Properties Trust Inc. is up 9.48% in the last 3-month period. Year-to-Date the stock performance stands at 38.84%.
Medical Properties Trust (MPW) : Average target price received by Medical Properties Trust (MPW) is $16 with an expected standard deviation of $2.16. The most aggressive target on the stock is $18, whereas the most downbeat target is $13. 4 financial analysts are currently covering the stock.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.