Plaza Retail REIT (TSE:PLZ.UN - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.71 and traded as low as C$3.71. Plaza Retail REIT shares last traded at C$3.73, with a volume of 56,724 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Desjardins set a C$4.25 price target on Plaza Retail REIT and gave the stock a "buy" rating in a research report on Thursday, January 30th.
Check Out Our Latest Stock Report on PLZ.UN
Plaza Retail REIT Price Performance
The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. The company has a market capitalization of C$385.19 million, a price-to-earnings ratio of 34.90 and a beta of 1.08. The company has a 50-day moving average price of C$3.68 and a 200-day moving average price of C$3.70.
Plaza Retail REIT Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th were issued a dividend of $0.0233 per share. This represents a $0.28 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date was Friday, January 31st. Plaza Retail REIT's dividend payout ratio is currently 280.00%.
Insider Buying and Selling at Plaza Retail REIT
In other Plaza Retail REIT news, Director Susan Taves bought 18,370 shares of the firm's stock in a transaction on Monday, March 17th. The stock was purchased at an average cost of C$3.80 per share, with a total value of C$69,806.00. Insiders own 35.43% of the company's stock.
About Plaza Retail REIT
(
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Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.
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