Shares of First Asset Canadian REIT Income Fund (TSE:RIT - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$15.61 and traded as low as C$15.56. First Asset Canadian REIT Income Fund shares last traded at C$15.67, with a volume of 23,243 shares trading hands.
First Asset Canadian REIT Income Fund Price Performance
The stock has a 50-day moving average of C$15.61 and a 200-day moving average of C$16.45. The firm has a market cap of C$443.89 million and a price-to-earnings ratio of -95.25.
About First Asset Canadian REIT Income Fund
(
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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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