CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.99 and traded as low as C$14.76. CT Real Estate Investment Trust shares last traded at C$14.89, with a volume of 131,724 shares traded.
Wall Street Analyst Weigh In
CRT.UN has been the subject of several recent analyst reports. National Bankshares set a C$16.25 price target on CT Real Estate Investment Trust and gave the stock a "sector perform" rating in a report on Friday, December 20th. Desjardins lowered their price target on CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a "hold" rating for the company in a report on Wednesday, February 12th.
Get Our Latest Report on CRT.UN
CT Real Estate Investment Trust Stock Up 0.7 %
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 company has a market capitalization of C$1.61 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 0.76 and a beta of 1.00. The firm has a 50-day moving average price of C$14.45 and a two-hundred day moving average price of C$15.00.
CT Real Estate Investment Trust Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be given a dividend of $0.0771 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.93 annualized dividend and a dividend yield of 6.24%. CT Real Estate Investment Trust's dividend payout ratio is currently 101.09%.
CT Real Estate Investment Trust Company Profile
(
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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.
Further Reading
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