Slate Grocery REIT (TSE:SGR.UN) Announces Quarterly Earnings Results

Slate Grocery REIT (TSE:SGR.UN) announced its quarterly earnings results on Tuesday. The company reported C$229.28 earnings per share for the quarter, FiscalAI reports. Slate Grocery REIT had a return on equity of 5.14% and a net margin of 16.33%.The company had revenue of C$71.79 million during the quarter.

Slate Grocery REIT Stock Down 2.5%

SGR.UN stock opened at C$15.68 on Thursday. Slate Grocery REIT has a one year low of C$12.38 and a one year high of C$16.20. The company has a debt-to-equity ratio of 133.42, a quick ratio of 0.38 and a current ratio of 0.09. The firm’s fifty day moving average is C$15.46 and its 200 day moving average is C$14.89. The firm has a market cap of C$929.24 million, a PE ratio of 22.37 and a beta of 1.45.

About Slate Grocery REIT

Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company’s properties include Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, and many more.