Free Trial

Plaza Retail REIT (TSE:PLZ.UN) Share Price Passes Below 200 Day Moving Average - What's Next?

Plaza Retail REIT logo with Real Estate background
Remove Ads

Plaza Retail REIT (TSE:PLZ.UN - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.70 and traded as low as C$3.55. Plaza Retail REIT shares last traded at C$3.58, with a volume of 19,281 shares.

Wall Street Analysts Forecast Growth

Separately, Desjardins set a C$4.25 price target on shares of Plaza Retail REIT and gave the company a "buy" rating in a research report on Thursday, January 30th.

Check Out Our Latest Stock Analysis 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 stock's 50-day moving average is C$3.60 and its two-hundred day moving average is C$3.70. The stock has a market cap of C$418.30 million, a PE ratio of 37.90 and a beta of 1.08.

Plaza Retail REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th were paid a $0.0233 dividend. This represents a $0.28 annualized dividend and a dividend yield of 7.38%. The ex-dividend date of this dividend was Friday, January 31st. Plaza Retail REIT's payout ratio is 280.00%.

Plaza Retail REIT Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Plaza Retail REIT Right Now?

Before you consider Plaza Retail REIT, 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 Plaza Retail REIT wasn't on the list.

While Plaza Retail REIT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last
Best ETFs for Spring 2025: Strong and Steady Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads