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First Asset Canadian REIT Income Fund (TSE:RIT) Stock Price Up 0.8% - What's Next?

Written by MarketBeat
October 23, 2025
First Asset Canadian REIT Income Fund logo with background

Key Points

  • The stock price of First Asset Canadian REIT Income Fund (TSE:RIT) increased by 0.8% to C$17.26, with a market cap of C$430.57 million.
  • Approximately 9,556 shares were traded during the day, representing a 52% decline from the average daily volume.
  • The fund aims to provide holders with high monthly cash distributions and capital appreciation through a diversified portfolio of real estate investment trusts (REITs) and real estate corporations in Canada.
  • Five stocks we like better than First Asset Canadian REIT Income Fund.

First Asset Canadian REIT Income Fund (TSE:RIT - Get Free Report) rose 0.8% during trading on Wednesday . The stock traded as high as C$17.30 and last traded at C$17.26. Approximately 9,556 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 19,833 shares. The stock had previously closed at C$17.13.

First Asset Canadian REIT Income Fund Trading Up 0.8%

The stock has a market cap of C$430.57 million, a P/E ratio of 11.43 and a beta of 0.74. The firm's 50-day simple moving average is C$17.09 and its 200 day simple moving average is C$16.58.

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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