CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$14.91 and traded as low as C$14.39. CT Real Estate Investment Trust shares last traded at C$14.47, with a volume of 120,161 shares traded.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on CRT.UN. BMO Capital Markets upped their price objective on CT Real Estate Investment Trust from C$15.00 to C$16.00 in a report on Monday, October 28th. 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 report on Friday, December 20th.
Get Our Latest Stock Analysis on CRT.UN
CT Real Estate Investment Trust Stock 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$1.56 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 0.76 and a beta of 1.00. The stock has a fifty day moving average price of C$14.91 and a 200 day moving average price of C$14.83.
CT Real Estate Investment Trust Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 15th were paid a dividend of $0.0771 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.93 annualized dividend and a yield of 6.42%. CT Real Estate Investment Trust's payout ratio is 101.09%.
About CT Real Estate Investment Trust
(
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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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