Chartwell Retirement Residences (OTCMKTS:CWSRF) Trading Up 0.2% – Here’s What Happened

Chartwell Retirement Residences (OTCMKTS:CWSRF) rose 0.2% on Thursday . The company traded as high as $16.53 and last traded at $16.53. Approximately 48,600 shares were traded during trading, an increase of 69% from the average daily volume of 28,774 shares. The stock had previously closed at $16.50.

Analyst Ratings Changes

Several research firms recently issued reports on CWSRF. Royal Bank Of Canada restated an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, May 11th. BMO Capital Markets reiterated an “outperform” rating on shares of Chartwell Retirement Residences in a research report on Monday, May 11th. Finally, TD Securities reissued a “buy” rating on shares of Chartwell Retirement Residences in a report on Monday, May 11th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Chartwell Retirement Residences Trading Up 0.2%

The stock’s 50-day simple moving average is $15.43 and its 200-day simple moving average is $15.28.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences (OTCMKTS: CWSRF) is one of Canada’s largest providers of seniors housing, offering a range of retirement living options and care services. Headquartered in Mississauga, Ontario, the company develops, owns and operates retirement communities across multiple provinces, catering to the evolving needs of older adults seeking independent living, assisted living, memory care and long-term care.

The company’s portfolio includes more than 150 retirement residences that deliver hospitality-style services such as chef-prepared meals, housekeeping, dining and recreation programs.