First Capital Real Estate Investment Trust (TSE:FCR.UN) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Stock crossed above its 200‑day moving average: FCR.UN moved above its 200‑day MA of C$19.75, trading as high as C$21.30 and last at C$21.22 on volume of 250,744, a short‑term technical bullish signal.
• Analyst sentiment is broadly positive: five Buy and one Hold give an average rating of "Moderate Buy" with an average price target of C$22.42, and recent price‑target increases from RBC and National Bank to C$23.00 and C$23.50 respectively.
• Fundamentals show mixed risk: the REIT has a low PE of 4.24 but reported a negative net margin (‑8.48%) and negative ROE, alongside high leverage (debt‑to‑equity 112.41), suggesting earnings and balance‑sheet risks despite the low valuation.

First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$19.75 and traded as high as C$21.30. First Capital Real Estate Investment Trust shares last traded at C$21.22, with a volume of 250,744 shares traded.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Raymond James Financial lowered shares of First Capital Real Estate Investment Trust from an "outperform" rating to a "market perform" rating and lifted their price target for the stock from C$21.75 to C$22.50 in a research note on Wednesday, February 18th. National Bank Financial lifted their price target on shares of First Capital Real Estate Investment Trust from C$23.00 to C$23.50 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Finally, Royal Bank Of Canada lifted their price target on shares of First Capital Real Estate Investment Trust from C$22.00 to C$23.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, First Capital Real Estate Investment Trust currently has an average rating of "Moderate Buy" and an average price target of C$22.42.

First Capital Real Estate Investment Trust Trading Up 1.7%

The firm has a market cap of C$4.51 billion, a PE ratio of 4.24, a P/E/G ratio of -2.77 and a beta of 0.89. The company's fifty day moving average price is C$20.68 and its two-hundred day moving average price is C$19.75. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41.

First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report) last issued its earnings results on Tuesday, February 10th. The company reported C$4.00 earnings per share for the quarter. The business had revenue of C$185.38 million for the quarter. First Capital Real Estate Investment Trust had a negative net margin of 8.48% and a negative return on equity of 1.57%. As a group, sell-side analysts forecast that First Capital Real Estate Investment Trust will post 1.2480836 earnings per share for the current fiscal year.

First Capital Real Estate Investment Trust Company Profile

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.

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