Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$14.06 and traded as high as C$14.59. Crombie Real Estate Investment Trust shares last traded at C$14.44, with a volume of 160,610 shares changing hands.
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 company has a 50 day simple moving average of C$14.35 and a 200-day simple moving average of C$14.06. The stock has a market capitalization of C$1.56 billion, a price-to-earnings ratio of -51.57 and a beta of 0.95.
Crombie Real Estate Investment Trust Announces Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 15th were given a dividend of $0.0742 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date of this dividend was Wednesday, April 30th. Crombie Real Estate Investment Trust's 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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Crombie 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 Crombie Real Estate Investment Trust wasn't on the list.
While Crombie Real Estate Investment Trust currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.