Shares of Medical Properties Trust Inc. (NYSE:MPW) traded at a new 52-week high today of $22.77. So far today approximately 602,000 shares have been exchanged, as compared to an average 30-day volume of 3.6 million shares.
Medical Properties Trust Inc. share prices have moved between a 52-week high of $22.77 and a 52-week low of $15.29 and are now trading 48% above that low price at $22.68 per share.
Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical’s revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.
Based on a current price of $22.68, Medical Properties Trust Inc. is currently 2.1% above its average consensus analyst price target of $22.19.
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