The stock of Medical Properties Trust Inc (NYSE:MPW) last traded at $4.99, up 1.22% from the previous session.
MPW stock price is now 7.42% away from the 50-day moving average and 11.40% away from the 200-day moving average. The market capitalization of the company currently stands at $2.99B.
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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, THOMPSON C REYNOLDS III, Director sold 20,530 shares of the company’s stock on Aug 27 ’24. The stock was sold for $89,921 at an average price of $4.38. Upon completion of the transaction, the Director now directly owns 54,637 shares in the company, valued at $0.27 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 sold 10,025 shares of the business’s stock. A total of $49,925 was realized by selling the stock at an average price of $4.98. This leaves the insider owning 68,653 shares of the company worth $0.34 million. 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 $6.97. The fifty day moving average price for MPW is $4.6518 and a two-hundred day moving average price translates $4.48 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.
