CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.97 and traded as low as C$14.43. CT Real Estate Investment Trust shares last traded at C$14.75, with a volume of 403,783 shares traded.
Wall Street Analyst Weigh In
A number of equities research 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 target price on shares of CT Real Estate Investment Trust and gave the stock a "sector perform" rating in a report on Friday, December 20th.
View Our Latest Research Report on CT Real Estate Investment Trust
CT Real Estate Investment Trust Price Performance
The company has a current ratio of 0.11, a quick ratio of 0.10 and a debt-to-equity ratio of 75.45. The firm has a market cap of C$1.57 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 0.76 and a beta of 1.00. The business has a 50-day moving average of C$14.50 and a two-hundred day moving average of C$14.97.
CT Real Estate Investment Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were paid a $0.0771 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.93 annualized dividend and a dividend yield of 6.39%. CT Real Estate Investment Trust's dividend payout ratio is 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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