Stocks of Medical Properties Trust Inc (NYSE:MPW) traded higher last session on Wall Street, down -1.37% to $5.77.
MPW stock price is now 13.82% away from the 50-day moving average and 26.68% away from the 200-day moving average. The market capitalization of the company currently stands at $3.46B.
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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, Pitman Elizabeth N, Director bought 8,087 shares of the company’s stock on Sep 18 ’24. The stock was bought for $48,603 at an average price of $6.01. Upon completion of the transaction, the Director now directly owns 76,740 shares in the company, valued at $0.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, Director THOMPSON C REYNOLDS III sold 20,530 shares of the business’s stock. A total of $89,921 was realized by selling the stock at an average price of $4.38. This leaves the insider owning 54,637 shares of the company worth $0.32 million. A total of 8.12% 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 $6.55. The fifty day moving average price for MPW is $5.0868 and a two-hundred day moving average price translates $4.55885 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.
