In yesterday’s Wall Street session, Medical Properties Trust Inc (NYSE:MPW) shares traded at $3.83, down -0.78% from the previous session.
MPW stock price is now -12.59% away from the 50-day moving average and -18.97% away from the 200-day moving average. The market capitalization of the company currently stands at $2.36B.
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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, Stewart Michael G, Director sold 32,780 shares of the company’s stock on Oct 09 ’24. The stock was sold for $178,979 at an average price of $5.46. Upon completion of the transaction, the Director now directly owns 221,245 shares in the company, valued at $0.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 09 ’24, Director Stewart Michael G bought 32,780 shares of the business’s stock. A total of $179,962 was incurred on buying the stock at an average price of $5.49. A total of 13.79% 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 $4.4002 and a two-hundred day moving average price translates $4.7282 for the stock.
The latest earnings results from Medical Properties Trust Inc (NYSE: MPW) was released for 2024-09-30. The net profit margin was -415.16% and return on equity was -38.80% for MPW. The company reported revenue of $225.83 million for the quarter, compared to $306.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.34 percent.
