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First Asset Canadian REIT Income Fund (TSE:RIT) Shares Cross Above 200-Day Moving Average - Should You Sell?

Written by MarketBeat
Updated September 13, 2025
First Asset Canadian REIT Income Fund logo with background

Key Points

  • Shares of First Asset Canadian REIT Income Fund (TSE:RIT) have crossed above its 200-day moving average, trading as high as C$17.27 and closing at C$17.24.
  • The fund, which has a market capitalization of C$85.41 million, seeks to provide high monthly cash distributions and capital appreciation through a diversified portfolio of REITs.
  • The stock has a current PE ratio of 11.42 and a beta of 0.97, indicating less volatility compared to the market.
  • MarketBeat previews top five stocks to own in October.

Shares of First Asset Canadian REIT Income Fund (TSE:RIT - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.30 and traded as high as C$17.27. First Asset Canadian REIT Income Fund shares last traded at C$17.24, with a volume of 7,443 shares trading hands.

First Asset Canadian REIT Income Fund Trading Up 0.5%

The company's 50-day simple moving average is C$16.96 and its 200 day simple moving average is C$16.33. The stock has a market cap of C$86.10 million, a P/E ratio of 11.51 and a beta of 0.97.

About First Asset Canadian REIT Income Fund

(Get Free Report)

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund's investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.

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