In yesterday’s Wall Street session, Medical Properties Trust Inc (NYSE:MPW) shares traded at $6.35, down -0.31% from the previous session.
MPW stock price is now 33.58% away from the 50-day moving average and 41.27% away from the 200-day moving average. The market capitalization of the company currently stands at $3.81B.
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 $6.50, Colliers Securities recently Upgraded its rating from Neutral to Buy for Medical Properties Trust Inc (NYSE: MPW). On July 02, 2024, Exane BNP Paribas Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $4, while ‘Deutsche Bank’ rates the stock as ‘Hold’
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 $0.35 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 $0.44 million. A total of 1.96% 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 $6.64. The fifty day moving average price for MPW is $4.797 and a two-hundred day moving average price translates $4.503 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.
