H&R Real Estate Investment Trust (TSE:HR.UN) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.81 and traded as high as C$10.95. H&R Real Estate Investment Trust shares last traded at C$10.83, with a volume of 439,236 shares.

Analyst Ratings Changes

Several equities research analysts have commented on HR.UN shares. BMO Capital Markets boosted their price target on shares of H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a research report on Thursday, May 22nd. TD Securities boosted their target price on shares of H&R Real Estate Investment Trust from C$11.00 to C$11.50 and gave the stock a "buy" rating in a report on Thursday, May 22nd.

H&R Real Estate Investment Trust Stock Performance

The company has a current ratio of 0.31, a quick ratio of 0.19 and a debt-to-equity ratio of 73.68. The firm has a 50-day simple moving average of C$10.11 and a two-hundred day simple moving average of C$9.83. The company has a market capitalization of C$2.86 billion, a price-to-earnings ratio of -13.30 and a beta of 1.98.

H&R Real Estate Investment Trust Company Profile

H&R REIT is one of Canada's largest real estate investment trusts with total post-Primaris spin-off pro forma assets of approximately $10.7 billion. H&R REIT has ownership interests in a North American portfolio comprised of high quality office, industrial, residential and retail properties comprising over 29.4 million square feet post-Primaris spin off.