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BTB Real Estate Investment Trust (TSE:BTB.UN) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

BTB Real Estate Investment Trust logo with Real Estate background

BTB Real Estate Investment Trust (TSE:BTB.UN - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.47 and traded as high as C$3.69. BTB Real Estate Investment Trust shares last traded at C$3.64, with a volume of 79,301 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, National Bankshares upped their price target on shares of BTB Real Estate Investment Trust from C$3.15 to C$3.35 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th.

Read Our Latest Research Report on BTB Real Estate Investment Trust

BTB Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 150.90, a quick ratio of 0.17 and a current ratio of 0.16. The stock's 50 day simple moving average is C$3.47 and its 200 day simple moving average is C$3.40. The firm has a market cap of C$318.43 million, a P/E ratio of 10.40 and a beta of 1.47.

BTB Real Estate Investment Trust Company Profile

(Get Free Report)

BTB is a real estate investment trust listed on the Toronto Stock Exchange. Since 2006, BTB owns and manages properties across Canada. BTB REIT invests in industrial, off-downtown core office and necessity-based commercial properties for the benefit of its investors.

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