UHT Stock Summary and Trading Ideas (Universal Health Realty Income Trust | NYSE:UHT)

Universal Health Realty Income Trust is a healthcare REIT. The company is engaged in the business of investing in and leasing healthcare and human service facilities through direct ownership or through joint ventures, which aggregate into a single reportable segment. The company actively manages a portfolio of healthcare and human service facilities. The revenue and net income are generated from the operation of the investment portfolio which is located throughout the United States.

Universal Health Realty Income Trust trades on the NYSE stock market under the symbol UHT.

As of April 23, 2024, UHT stock price climbed to $33.78 with 3,877 million shares trading.

UHT has a beta of 0.86, meaning it tends to be less sensitive to market movements. UHT has a correlation of 0.14 to the broad based SPY ETF.

UHT has a market cap of $466.91 million. This is considered a Small Cap stock.

In the last 3 years, UHT stock traded as high as $74.00 and as low as $32.27.

The top ETF exchange traded funds that UHT belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.

UHT has underperformed the market in the last year with a return of -21.7%, while the SPY ETF gained +23.9%. In the last 3 month period, UHT fell short of the market, returning -17.8%, while SPY returned +4.6%. However, in the most recent 2 weeks UHT has outperformed the stock market by returning -0.9%, while SPY returned -2.8%.

UHT support price is $32.73 and resistance is $34.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UHT stock will trade within this expected range on the day.