BTB Real Estate Investment Trust (TSE:BTB.UN) Stock Price Passes Above 50 Day Moving Average – What’s Next?

BTB Real Estate Investment Trust (TSE:BTB.UN)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$4.13 and traded as high as C$4.17. BTB Real Estate Investment Trust shares last traded at C$4.11, with a volume of 139,387 shares.

BTB Real Estate Investment Trust Price Performance

The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 150.90. The business’s 50-day simple moving average is C$4.13 and its two-hundred day simple moving average is C$3.92. The firm has a market cap of C$368.08 million, a price-to-earnings ratio of 8.87 and a beta of 0.64.

BTB Real Estate Investment Trust (TSE:BTB.UN) last released its earnings results on Monday, November 3rd. The real estate investment trust reported C$0.10 earnings per share (EPS) for the quarter. BTB Real Estate Investment Trust had a net margin of 24.50% and a return on equity of 6.58%. The business had revenue of C$32.88 million for the quarter. As a group, research analysts expect that BTB Real Estate Investment Trust will post 0.3997773 EPS for the current fiscal year.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.