Plaza Retail REIT (TSE:PLZ.UN) Reaches New 12-Month High – Still a Buy?

Shares of Plaza Retail REIT (TSE:PLZ.UNGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$4.45 and last traded at C$4.45, with a volume of 98721 shares. The stock had previously closed at C$4.30.

Plaza Retail REIT Stock Performance

The company has a 50-day simple moving average of C$4.28 and a two-hundred day simple moving average of C$4.19. The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. The firm has a market capitalization of C$494.75 million, a P/E ratio of 12.74 and a beta of 0.62.

Plaza Retail REIT Company Profile

(Get Free Report)

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

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