Free Trial

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Shares Cross Below Fifty Day Moving Average - Time to Sell?

SmartCentres Real Estate Investment Trst logo with Real Estate background

SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$25.58 and traded as low as C$25.55. SmartCentres Real Estate Investment Trst shares last traded at C$25.90, with a volume of 285,169 shares changing hands.

Analysts Set New Price Targets

Several analysts recently issued reports on SRU.UN shares. Scotiabank boosted their price target on SmartCentres Real Estate Investment Trst from C$26.00 to C$26.75 in a research note on Monday, May 12th. National Bankshares boosted their price target on SmartCentres Real Estate Investment Trst from C$24.00 to C$25.00 and gave the company a "sector perform" rating in a research note on Thursday, May 22nd.

Check Out Our Latest Research Report on SRU.UN

SmartCentres Real Estate Investment Trst Stock Performance

The company has a 50 day moving average price of C$25.58 and a 200-day moving average price of C$25.15. The company has a current ratio of 0.17, a quick ratio of 0.10 and a debt-to-equity ratio of 80.88. The company has a market cap of C$3.75 billion, a P/E ratio of 15.79 and a beta of 1.25.

SmartCentres Real Estate Investment Trst Company Profile

(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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in SmartCentres Real Estate Investment Trst Right Now?

Before you consider SmartCentres Real Estate Investment Trst, 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 SmartCentres Real Estate Investment Trst wasn't on the list.

While SmartCentres Real Estate Investment Trst currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

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

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines