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First Asset Canadian REIT Income Fund (TSE:RIT) Share Price Crosses Below Fifty Day Moving Average - Here's What Happened

First Asset Canadian REIT Income Fund logo with background

Shares of First Asset Canadian REIT Income Fund (TSE:RIT - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$15.59 and traded as low as C$15.41. First Asset Canadian REIT Income Fund shares last traded at C$15.43, with a volume of 6,172 shares.

First Asset Canadian REIT Income Fund Trading Up 0.7 %

The firm has a market capitalization of C$441.63 million and a PE ratio of -94.76. The firm has a 50-day moving average of C$15.59 and a two-hundred day moving average of C$15.96.

About First Asset Canadian REIT Income Fund

(Get Free Report)

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund's investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.

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