Medical Properties Trust Inc (NYSE:MPW) shares traded -0.66% lower at $4.51 on Wall Street last session.
MPW stock price is now -3.79% away from the 50-day moving average and 0.62% away from the 200-day moving average. The market capitalization of the company currently stands at $2.71B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $4, Exane BNP Paribas recently Downgraded its rating from Outperform to Neutral for Medical Properties Trust Inc (NYSE: MPW). On April 17, 2024, Deutsche Bank Upgraded its previous ‘Sell’ rating to ‘Hold’ on the stock keeping its target price maintained at $5, while ‘Colliers Securities’ rates the stock as ‘Neutral’
In other news, Pitman Elizabeth N, Director sold 10,025 shares of the company’s stock on Aug 15 ’24. The stock was sold for $49,925 at an average price of $4.98. Upon completion of the transaction, the Director now directly owns 68,653 shares in the company, valued at $0.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, Director Pitman Elizabeth N bought 10,025 shares of the business’s stock. A total of $49,122 was incurred on buying the stock at an average price of $4.90. A total of 1.97% of the company’s stock is owned by insiders.
During the past 12 months, Medical Properties Trust Inc has had a low of $2.92 and a high of $7.40. The fifty day moving average price for MPW is $4.681 and a two-hundred day moving average price translates $4.47945 for the stock.
The latest earnings results from Medical Properties Trust Inc (NYSE: MPW) was released for 2024-06-30. The net profit margin was -241.64% and return on equity was -24.06% for MPW. The company reported revenue of $266.56 million for the quarter, compared to $337.39 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.99 percent.
