Melcor Real Estate Investment Trust (TSE:MR.UN - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$4.43 and traded as high as C$4.90. Melcor Real Estate Investment Trust shares last traded at C$4.87, with a volume of 76,437 shares.
Melcor Real Estate Investment Trust Stock Performance
The stock's fifty day simple moving average is C$4.46 and its 200-day simple moving average is C$3.45. The company has a debt-to-equity ratio of 206.96, a current ratio of 0.49 and a quick ratio of 0.03. The firm has a market cap of C$63.50 million, a PE ratio of -487.00 and a beta of 2.18.
About Melcor Real Estate Investment Trust
(
Get Free Report)
Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.
Further Reading
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.