BTB Real Estate Investment Trust (TSE:BTB.UN) Senior Officer Bruno Meunier Buys 7,300 Shares

BTB Real Estate Investment Trust (TSE:BTB.UN - Get Free Report) Senior Officer Bruno Meunier bought 7,300 shares of BTB Real Estate Investment Trust stock in a transaction on Friday, December 27th. The shares were bought at an average price of C$3.40 per share, for a total transaction of C$24,820.00.

BTB Real Estate Investment Trust Stock Up 0.9 %

Shares of TSE BTB.UN traded up C$0.03 during trading hours on Friday, hitting C$3.41. The company had a trading volume of 125,047 shares, compared to its average volume of 90,832. BTB Real Estate Investment Trust has a 1-year low of C$2.87 and a 1-year high of C$3.78. The company has a quick ratio of 0.17, a current ratio of 0.16 and a debt-to-equity ratio of 150.90. The firm's 50 day moving average is C$3.55 and its 200-day moving average is C$3.41. The stock has a market capitalization of C$298.31 million, a P/E ratio of 9.74 and a beta of 1.47.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada increased their price target on BTB Real Estate Investment Trust from C$3.50 to C$3.75 in a report on Wednesday, November 6th.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.