Medical Properties Trust Inc (NYSE:MPW) price on Wednesday, May 09, rose 4.21% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.46.
A look at the stock’s price movement, the close in the last trading session was $4.28. Turning to its 52-week performance, $10.74 and $2.92 were the 52-week high and 52-week low respectively. Overall, MPW moved 4.21% over the past month.
Medical Properties Trust Inc’s market cap currently stands at around $2.67 billion. The company has a Forward Dividend ratio of 0.74, with its dividend yield at 16.59%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 276.45M for the company’s revenue for the quarter, with a low and high estimate of 256M and 300.7M respectively. The average forecast suggests down to a -21.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.12B, representing a -15.60% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MPW is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
MPW’s current price about -2.01% and 1.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.24, while 7-day volatility ratio is 7.17% and 6.15% in the 30-day chart. Further, Medical Properties Trust Inc (MPW) has a beta value of 1.27, and an average true range (ATR) of 0.30.
If we refocus on Medical Properties Trust Inc (NYSE:MPW), historical trading data shows that trading volumes averaged 18.84 million over the past 3 months. The company’s latest data on shares outstanding shows there are 598.99 million shares.
The 1.94% of Medical Properties Trust Inc’s shares are in the hands of company insiders while institutional holders own 71.87% of the company’s shares. Current price change has pushed the stock -9.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MPW stock continues to rise going into the next quarter.
