Free Trial

BTB Real Estate Investment Trust (TSE:BTB.UN) Stock Crosses Above Fifty Day Moving Average - What's Next?

BTB Real Estate Investment Trust logo with Real Estate background
Remove Ads

BTB Real Estate Investment Trust (TSE:BTB.UN - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.36 and traded as high as C$3.42. BTB Real Estate Investment Trust shares last traded at C$3.40, with a volume of 52,600 shares.

BTB Real Estate Investment Trust Price Performance

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 stock has a market cap of C$298.31 million, a price-to-earnings ratio of 9.74 and a beta of 1.47. The company's 50-day moving average is C$3.36 and its 200-day moving average is C$3.47.

Insider Buying and Selling

In other news, Director Armand Des Rosiers acquired 15,000 shares of the company's stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of C$3.33 per share, with a total value of C$49,950.00. Insiders acquired 24,275 shares of company stock valued at $81,525 over the last quarter. Corporate insiders own 1.86% of the company's stock.

About BTB Real Estate Investment Trust

(Get Free Report)

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%.

Recommended Stories

Should You Invest $1,000 in BTB Real Estate Investment Trust Right Now?

Before you consider BTB Real Estate Investment Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BTB Real Estate Investment Trust wasn't on the list.

While BTB Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last
Best ETFs for Spring 2025: Strong and Steady Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads