CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report)'s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$15.08 and traded as low as C$14.38. CT Real Estate Investment Trust shares last traded at C$14.48, with a volume of 108,266 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on CRT.UN shares. National Bankshares set a C$16.25 price objective on shares of CT Real Estate Investment Trust and gave the company a "sector perform" rating in a research note on Friday, December 20th. BMO Capital Markets lifted their price objective on CT Real Estate Investment Trust from C$15.00 to C$16.00 in a research note on Monday, October 28th. Finally, TD Securities upped their price objective on CT Real Estate Investment Trust from C$15.00 to C$16.00 and gave the company a "hold" rating in a report on Wednesday, September 4th.
Read Our Latest Research Report on CRT.UN
CT Real Estate Investment Trust Stock Up 0.6 %
The stock's fifty day moving average price is C$15.05 and its 200-day moving average price is C$14.80. The company has a quick ratio of 0.10, a current ratio of 0.11 and a debt-to-equity ratio of 75.45. The company has a market capitalization of C$1.57 billion, a price-to-earnings ratio of 15.74, a P/E/G ratio of 0.76 and a beta of 1.00.
CT Real Estate Investment Trust Announces Dividend
The business also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were paid a $0.0771 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.93 dividend on an annualized basis and a yield of 6.39%. CT Real Estate Investment Trust's dividend payout ratio is 101.09%.
CT Real Estate Investment Trust Company Profile
(
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CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.
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