Medical Properties Trust (NYSE:MPW) : During the past 4 weeks, traders have been relatively bearish on Medical Properties Trust (NYSE:MPW), hence the stock is down -1.39% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.81% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.46% in the last 1 week, and is up 0.2% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 10.52% from its 1 Year high price. On Jun 30, 2016, the shares registered one year high at $15.50 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.87 and the 200 Day Moving Average price is recorded at $12.82.
The stock has recorded a 20-day Moving Average of 1.05% and the 50-Day Moving Average is 4.89%.
Medical Properties Trust (NYSE:MPW): stock turned positive on Friday. Though the stock opened at $14.95, the bulls momentum made the stock top out at $15.16 level for the day. The stock recorded a low of $14.92 and closed the trading day at $15.13, in the green by 2.23%. The total traded volume for the day was 2,365,631. The stock had closed at $14.8 in the previous days trading.
In an insider trading activity, Mclean Emmett E, officer (Executive Vice President & COO) of Medical Properties Trust Inc, unloaded 50,000 shares at an average price of $14.67 on June 16, 2016. The total amount of the transaction was worth $733,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.