CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.95 and traded as low as C$14.15. CT Real Estate Investment Trust shares last traded at C$14.68, with a volume of 259,075 shares traded.
Analyst Ratings Changes
CRT.UN has been the subject of several analyst reports. BMO Capital Markets increased their price target on shares of CT Real Estate Investment Trust from C$15.00 to C$16.00 in a research report on Monday, October 28th. National Bankshares set a C$16.25 target price on shares of CT Real Estate Investment Trust and gave the company a "sector perform" rating in a research report on Friday, December 20th.
View Our Latest Stock Report on CT Real Estate Investment Trust
CT Real Estate Investment Trust Stock Performance
The firm has a market cap of C$1.59 billion, a price-to-earnings ratio of 15.97, a P/E/G ratio of 0.76 and a beta of 1.00. The company has a debt-to-equity ratio of 75.45, a current ratio of 0.11 and a quick ratio of 0.10. The firm has a fifty day simple moving average of C$14.45 and a two-hundred day simple moving average of C$14.96.
CT Real Estate Investment Trust Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a yield of 6.30%. The ex-dividend date of this dividend is Friday, January 31st. CT Real Estate Investment Trust's dividend payout ratio is presently 101.09%.
About CT Real Estate Investment Trust
(
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CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores.
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