BTB Real Estate Investment Trust (TSE:BTB.UN - Get Free Report) shares were down 1.2% on Thursday . The stock traded as low as C$3.37 and last traded at C$3.43. Approximately 298,508 shares were traded during mid-day trading, an increase of 234% from the average daily volume of 89,330 shares. The stock had previously closed at C$3.47.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada raised their price objective on shares of BTB Real Estate Investment Trust from C$3.50 to C$3.75 in a report on Wednesday, November 6th.
Check Out Our Latest Stock Analysis on BTB.UN
BTB Real Estate Investment Trust Price Performance
The company has a market cap of C$301.81 million, a P/E ratio of 9.77 and a beta of 1.47. The company has a fifty day moving average price of C$3.62 and a two-hundred day moving average price of C$3.40. The company has a debt-to-equity ratio of 150.90, a quick ratio of 0.17 and a current ratio of 0.16.
About BTB Real Estate Investment Trust
(
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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%.
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