Medical Properties Trust Inc (NYSE:MPW) shares, rose in value on Thursday, February 13, with the stock price up by 2.98% to the previous day’s close as strong demand from buyers drove the stock to $4.84.
Actively observing the price movement in the last trading, the stock closed the session at $4.70. Referring to stock’s 52-week performance, its high was $6.55, and the low was $3.35. On the whole, MPW has fluctuated by 20.10% over the past month.
With the market capitalization of Medical Properties Trust Inc currently standing at about $2.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 9.50%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 983.35M, with a low estimate of 210.2M and a high estimate of 224.79M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 218.77M.
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 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 5.21% and 14.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.33, while the 7-day volatility ratio is showing 2.89% which for the 30-day chart, stands at 4.97%. Furthermore, Medical Properties Trust Inc (MPW)’s beta value is 1.42, and its average true range (ATR) is 0.21.
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 2.98% in last session, and over the past year, it grew by 33.33%%.
Data on historical trading for Medical Properties Trust Inc (NYSE:MPW) indicates that the trading volumes over the past 3 months, they’ve averaged 12.84 million. According to company’s latest data on outstanding shares, there are 600.23 million shares outstanding.
Nearly 15.19% of Medical Properties Trust Inc’s shares belong to company insiders and institutional investors own 63.62% of the company’s shares. The stock has risen by 22.53% 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.
