CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.90 and traded as low as C$13.94. CT Real Estate Investment Trust shares last traded at C$13.99, with a volume of 139,873 shares trading hands.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on CRT.UN. National Bankshares set a C$16.25 target price on CT Real Estate Investment Trust and gave the company a "sector perform" rating in a research report on Friday, December 20th. BMO Capital Markets boosted their target price on shares of CT Real Estate Investment Trust from C$15.00 to C$16.00 in a research note on Monday, October 28th.
Check Out Our Latest Analysis on CRT.UN
CT Real Estate Investment Trust Stock Performance
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$1.52 billion, a PE ratio of 15.23, a PEG ratio of 0.76 and a beta of 1.00. The company has a 50-day moving average price of C$14.66 and a two-hundred day moving average price of C$14.91.
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. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.93 annualized dividend and a yield of 6.60%. CT Real Estate Investment Trust's payout ratio is presently 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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