True North Commercial REIT (TSE:TNT.UN) Stock Passes Below Fifty Day Moving Average - Time to Sell?

Key Points

• Price breach: Shares fell to C$8.14, trading below both the 50‑day (C$8.42) and 200‑day (C$8.84) moving averages, signaling recent technical weakness.
• Weak fundamentals: The REIT reported C($1.15) EPS, a negative P/E, negative ROE and net margin, and very high leverage (debt‑to‑equity 175.73), indicating profitability and balance‑sheet stress.
• High dividend yield but questionable sustainability: True North pays a monthly distribution (C$0.0575) implying an 8.5% yield, yet the payout ratio is negative, reflecting that dividends are being paid despite losses.

True North Commercial REIT (TSE:TNT.UN - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$8.42 and traded as low as C$8.14. True North Commercial REIT shares last traded at C$8.14, with a volume of 14,597 shares.

True North Commercial REIT Stock Performance

The company has a quick ratio of 0.06, a current ratio of 0.14 and a debt-to-equity ratio of 175.73. The stock has a market cap of C$114.43 million, a price-to-earnings ratio of -3.51 and a beta of 0.96. The company has a 50 day simple moving average of C$8.42 and a 200 day simple moving average of C$8.84.

True North Commercial REIT (TSE:TNT.UN - Get Free Report) last issued its earnings results on Tuesday, March 17th. The company reported C($1.15) EPS for the quarter. The business had revenue of C$40.33 million for the quarter. True North Commercial REIT had a negative return on equity of 10.66% and a negative net margin of 38.96%.

True North Commercial REIT Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 16th were issued a dividend of $0.0575 per share. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Friday, February 27th. True North Commercial REIT's payout ratio is -24.82%.

About True North Commercial REIT

True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires Canadian commercial real estate properties. Its objective is to maximize total returns to unitholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

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