CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$15.00 and traded as low as C$14.34. CT Real Estate Investment Trust shares last traded at C$14.35, with a volume of 148,905 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on CRT.UN shares. Desjardins dropped their price target on CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a "hold" rating on the stock in a research note on Wednesday, February 12th. National Bankshares set a C$16.25 price target on shares of CT Real Estate Investment Trust and gave the company a "sector perform" rating in a report on Friday, December 20th.
Get Our Latest Report on CRT.UN
CT Real Estate Investment Trust Stock Up 1.5 %
The firm has a market cap of C$1.58 billion, a PE ratio of 15.85, 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 business has a fifty day moving average price of C$14.47 and a two-hundred day moving average price of C$15.00.
CT Real Estate Investment Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be issued a $0.0771 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 6.35%. CT Real Estate Investment Trust's dividend payout ratio is 101.09%.
About CT Real Estate Investment Trust
(
Get Free Report)
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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