Shares of Melcor Real Estate Investment Trust (TSE:MR.UN - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.75 and traded as high as C$5.36. Melcor Real Estate Investment Trust shares last traded at C$5.36, with a volume of 1,500 shares changing hands.
Melcor Real Estate Investment Trust Price Performance
The company has a fifty day simple moving average of C$5.28 and a 200-day simple moving average of C$4.83. The company has a market cap of C$69.47 million, a P/E ratio of -536.00 and a beta of 2.18. The company has a debt-to-equity ratio of 206.96, a current ratio of 0.49 and a quick ratio of 0.03.
Melcor Real Estate Investment Trust Company Profile
(
Get Free Report)
Melcor Real Estate Investment Trust is an open-ended real estate investment trust. The company is engaged in acquiring, owning, and managing offices, retail and industrial properties in select target markets in Western Canada. Its objective is to provide stable and growing monthly cash distributions to unitholders by acquiring high-quality properties and diversifying its portfolio.
Read More
Before you consider Melcor Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Melcor Real Estate Investment Trust wasn't on the list.
While Melcor Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
