Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$14.26 and traded as low as C$13.33. Crombie Real Estate Investment Trust shares last traded at C$13.40, with a volume of 218,222 shares trading hands.
Analyst Ratings Changes
Several equities research analysts have weighed in on the stock. National Bankshares raised their price objective on shares of Crombie Real Estate Investment Trust from C$15.25 to C$17.00 in a research report on Wednesday, October 9th. Raymond James upgraded shares of Crombie Real Estate Investment Trust from an "outperform" rating to a "strong-buy" rating and lowered their price target for the stock from C$17.25 to C$16.75 in a research report on Monday, January 13th. Finally, BMO Capital Markets lifted their price target on shares of Crombie Real Estate Investment Trust from C$15.00 to C$16.00 in a research report on Monday, October 28th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$16.06.
View Our Latest Stock Report on Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust Stock Down 0.9 %
The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.11 and a current ratio of 0.14. The stock has a market capitalization of C$1.43 billion, a P/E ratio of -47.43 and a beta of 0.95. The stock's fifty day simple moving average is C$13.69 and its two-hundred day simple moving average is C$14.26.
Crombie Real Estate Investment Trust Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be paid a $0.0742 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date of this dividend is Friday, January 31st. Crombie Real Estate Investment Trust's dividend payout ratio is currently -317.86%.
Crombie Real Estate Investment Trust Company Profile
(
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Crombie Real Estate Investment Trust ("Crombie") is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie is one of the country's leading national retail property landlords with a strategy to own, operate and develop a portfolio of high quality grocery and drug store anchored shopping centres, freestanding stores and mixed use developments primarily in Canada's top urban and suburban markets.
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