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Medical Reaches New 52-Week High (MPW)

Tickers in this article: MPW

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (TheStreet) -- Medical Properties (MPW">MPW) hit a new 52-week high Thursday as it is currently trading at $16.40, above its previous 52-week high of $16.37 with 124,588 shares traded as of 10:01 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Medical has a market cap of $2.23 billion and is part of the financial sector and real estate industry. Shares are up 36% year to date as of the close of trading on Wednesday.

Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company has a P/E ratio of 29, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Medical as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Medical Ratings Report.

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