Medical Properties Trust Inc (NYSE:MPW) shares, rose in value on Thursday, March 06, with the stock price down by -1.40% to the previous day’s close as strong demand from buyers drove the stock to $5.65.
Actively observing the price movement in the last trading, the stock closed the session at $5.73. Referring to stock’s 52-week performance, its high was $6.55, and the low was $3.51. On the whole, MPW has fluctuated by 18.45% over the past month.
With the market capitalization of Medical Properties Trust Inc currently standing at about $3.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 8.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 958.19M, with a low estimate of 220.7M and a high estimate of 264.83M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 233.12M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MPW’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of MPW currently trading nearly 10.46% and 23.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.40, while the 7-day volatility ratio is showing 4.96% which for the 30-day chart, stands at 3.77%. Furthermore, Medical Properties Trust Inc (MPW)’s beta value is 1.38, and its average true range (ATR) is 0.24.
A comparison of Medical Properties Trust Inc (MPW) with its peers suggests the former has fared considerably weaker in the market. MPW showed an intraday change of -1.40% in last session, and over the past year, it grew by 28.70%%.
Data on historical trading for Medical Properties Trust Inc (NYSE:MPW) indicates that the trading volumes over the past 3 months, they’ve averaged 13.51 million. According to company’s latest data on outstanding shares, there are 600.40 million shares outstanding.
Nearly 17.70% of Medical Properties Trust Inc’s shares belong to company insiders and institutional investors own 61.59% of the company’s shares. The stock has risen by 43.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MPW stock heading into the next quarter.
