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H&R Real Estate Investment Trust (TSE:HR.UN) Shares Pass Above 200-Day Moving Average - What's Next?

H&R Real Estate Investment Trust logo with Real Estate background
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H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$10.53 and traded as high as C$10.65. H&R Real Estate Investment Trust shares last traded at C$10.64, with a volume of 553,673 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HR.UN shares. TD Securities reduced their price objective on H&R Real Estate Investment Trust from C$12.00 to C$11.50 and set a "buy" rating for the company in a research note on Tuesday, February 17th. National Bank Financial set a C$12.00 price objective on H&R Real Estate Investment Trust and gave the company an "outperform" rating in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, H&R Real Estate Investment Trust currently has an average rating of "Moderate Buy" and a consensus target price of C$12.00.

Read Our Latest Analysis on HR.UN

H&R Real Estate Investment Trust Trading Up 1.0%

The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. The firm has a market cap of C$2.81 billion, a price-to-earnings ratio of -3.53 and a beta of 0.74. The business has a 50 day moving average of C$10.28 and a 200 day moving average of C$10.53.

H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported C($1.19) EPS for the quarter. The company had revenue of C$203.75 million for the quarter. H&R Real Estate Investment Trust had a negative net margin of 20.83% and a negative return on equity of 4.16%. On average, research analysts forecast that H&R Real Estate Investment Trust will post 1.3814956 earnings per share for the current fiscal year.

H&R Real Estate Investment Trust Company Profile

(Get Free Report)

H&R REIT is one of Canada's largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.

Further Reading

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