First Capital Real Estate Investment Trust (TSE:FCR.UN) Stock Falls 0.3% – Here’s What Happened

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) traded down 0.3% during mid-day trading on Tuesday. The stock traded as low as C$23.27 and last traded at C$23.29. Approximately 356,175 shares changed hands during trading, a decline of 38% from the average daily volume of 570,489 shares. The stock had previously closed at C$23.37.

First Capital Real Estate Investment Trust Trading Down 0.3%

The company has a market capitalization of C$4.93 billion, a PE ratio of 4.55, a price-to-earnings-growth ratio of -2.77 and a beta of 0.93. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07. The company’s fifty day moving average is C$22.91 and its 200-day moving average is C$22.39.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last issued its quarterly earnings data on Monday, November 2nd. The company reported C$0.55 earnings per share for the quarter. First Capital Real Estate Investment Trust had a negative return on equity of 1.57% and a negative net margin of 8.48%. The firm had revenue of C$187.17 million during the quarter. On average, analysts anticipate that First Capital Real Estate Investment Trust will post 1.25 EPS for the current fiscal year.

About First Capital Real Estate Investment Trust

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.