Free Trial

Plaza Retail REIT (TSE:PLZ.UN) Stock Price Passes Above 50 Day Moving Average - Here's What Happened

Plaza Retail REIT logo with Real Estate background

Plaza Retail REIT (TSE:PLZ.UN - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.75 and traded as high as C$3.87. Plaza Retail REIT shares last traded at C$3.85, with a volume of 17,232 shares.

Plaza Retail REIT Stock Up 0.3%

The stock's fifty day moving average price is C$3.75 and its 200-day moving average price is C$3.68. The company has a quick ratio of 0.06, a current ratio of 0.22 and a debt-to-equity ratio of 124.16. The company has a market capitalization of C$426.03 million, a price-to-earnings ratio of 38.60 and a beta of 1.08.

Plaza Retail REIT Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be given a $0.0233 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 7.24%. The ex-dividend date is Friday, May 30th. Plaza Retail REIT's dividend payout ratio is currently 280.00%.

Insider Buying and Selling at Plaza Retail REIT

In other Plaza Retail REIT news, Director Susan Taves acquired 18,370 shares of the company's stock in a transaction on Monday, March 17th. The shares were purchased at an average price of C$3.80 per share, for a total transaction of C$69,806.00. Corporate insiders own 35.43% of the company's stock.

Plaza Retail REIT Company Profile

(Get Free Report)

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.

Featured Articles

Should You Invest $1,000 in Plaza Retail REIT Right Now?

Before you consider Plaza Retail REIT, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Plaza Retail REIT wasn't on the list.

While Plaza Retail REIT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines