Medical Properties Trust (MPW) has been under a strong bear grip, hence the stock is down -1.49% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.29% in the past 1 week. The stock has risen by 0.8% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.62% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.98% and the 50-Day Moving Average is 0.84%.The 200 Day SMA reached 17.55%. Medical Properties Trust Inc. is up 4.29% in the last 3-month period. Year-to-Date the stock performance stands at 36.6%.
Medical Properties Trust (NYSE:MPW): After opening at $15.16, the stock dipped to an intraday low of $15.14 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.38 and the buying power remained strong till the end. The stock closed at $15.21 for the day, a gain of 1.06% for the day session. The total traded volume was 2,503,214. The stocks close on the previous trading day was $15.05.
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.