Shares of Welltower Inc. (NYSE:WELL) traded today at $94.61, eclipsing its 52-week high. This new high was reached on below average trading volume as 153,000 shares traded hands, while the average 30-day volume is approximately 2.5 million shares.
In the past 52 weeks, shares of Welltower Inc. have traded between a low of $69.29 and a high of $94.61 and is now at $93.89, which is 36% above that low price.
Welltower owns a diversified healthcare portfolio of over 1,600 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
Welltower Inc. (NYSE:WELL) is currently priced 1.8% above its average consensus analyst price target of $92.20.
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