H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$9.16 and last traded at C$9.24, with a volume of 311422 shares changing hands. The stock had previously closed at C$9.24.
Analysts Set New Price Targets
A number of research analysts have recently commented on HR.UN shares. Scotiabank raised their target price on H&R Real Estate Investment Trust from C$11.50 to C$11.75 in a research note on Friday, November 15th. Royal Bank of Canada raised H&R Real Estate Investment Trust from a "sector perform" rating to an "outperform" rating and set a C$11.50 price objective for the company in a research report on Wednesday, December 11th.
View Our Latest Research Report on HR.UN
H&R Real Estate Investment Trust Price Performance
The firm has a 50 day moving average price of C$9.77 and a 200 day moving average price of C$10.04. The stock has a market capitalization of C$2.41 billion, a PE ratio of -11.23 and a beta of 1.98. The company has a current ratio of 0.31, a quick ratio of 0.19 and a debt-to-equity ratio of 73.68.
Insider Transactions at H&R Real Estate Investment Trust
In other H&R Real Estate Investment Trust news, Senior Officer Robyn Kestenberg purchased 3,716 shares of the company's stock in a transaction on Friday, December 20th. The stock was acquired at an average cost of C$9.41 per share, for a total transaction of C$34,966.07. Corporate insiders own 1.89% of the company's stock.
H&R Real Estate Investment Trust Company Profile
(
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H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.
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