SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Share Price Crosses Below 50 Day Moving Average – Here’s Why
by Renee Jackson · The Cerbat GemSmartCentres Real Estate Investment Trst (TSE:SRU.UN – Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$26.14 and traded as low as C$25.59. SmartCentres Real Estate Investment Trst shares last traded at C$25.62, with a volume of 197,430 shares.
Analyst Ratings Changes
Separately, National Bankshares lifted their price target on SmartCentres Real Estate Investment Trst from C$25.25 to C$27.10 and gave the stock a “sector perform” rating in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$27.87.
Get Our Latest Research Report on SmartCentres Real Estate Investment Trst
SmartCentres Real Estate Investment Trst Trading Down 0.3%
The stock’s 50 day simple moving average is C$26.14 and its two-hundred day simple moving average is C$26.15. The stock has a market capitalization of C$4.37 billion, a PE ratio of 16.71 and a beta of 0.80. The company has a debt-to-equity ratio of 80.88, a current ratio of 0.17 and a quick ratio of 0.10.
SmartCentres Real Estate Investment Trst Company Profile
SmartCentres Real Estate Investment Trust is a canadian fully integrated commercial and residential REITs, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under it’s wholly-owned residential sub-brand, SmartLiving.