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SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Shares Cross Above 50 Day Moving Average - Here's What Happened

SmartCentres Real Estate Investment Trst logo with Real Estate background

Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$25.20 and traded as high as C$25.47. SmartCentres Real Estate Investment Trst shares last traded at C$25.40, with a volume of 167,045 shares traded.

Wall Street Analyst Weigh In

Separately, Scotiabank raised their price target on SmartCentres Real Estate Investment Trst from C$25.50 to C$26.00 in a research report on Wednesday, February 19th.

View Our Latest Stock Analysis on SRU.UN

SmartCentres Real Estate Investment Trst Trading Down 0.1 %

The stock has a market capitalization of C$3.69 billion, a P/E ratio of 15.53 and a beta of 1.25. The company has a quick ratio of 0.10, a current ratio of 0.17 and a debt-to-equity ratio of 80.88. The stock's 50 day moving average price is C$25.18 and its 200-day moving average price is C$25.09.

About SmartCentres Real Estate Investment Trst

(Get Free Report)

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.

Further Reading

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