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Crombie Real Estate Investment Trust (TSE:CRR.UN) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Crombie Real Estate Investment Trust logo with Real Estate background

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.20 and traded as high as C$14.83. Crombie Real Estate Investment Trust shares last traded at C$14.74, with a volume of 129,932 shares traded.

Crombie Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.14 and a debt-to-equity ratio of 120.87. The firm has a market capitalization of C$1.59 billion, a P/E ratio of -52.64 and a beta of 0.95. The stock has a fifty day moving average of C$14.72 and a 200-day moving average of C$14.20.

Crombie Real Estate Investment Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be paid a $0.0742 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.89 dividend on an annualized basis and a yield of 6.04%. Crombie Real Estate Investment Trust's dividend payout ratio is -317.86%.

Crombie Real Estate Investment Trust Company Profile

(Get Free Report)

Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets.

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