Slate Retail REIT (TSE:SRT.UN – Get Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$9.60 and traded as low as C$9.34. Slate Retail REIT shares last traded at C$9.60, with a volume of 30,579 shares traded.
Slate Retail REIT Stock Performance
The stock has a market cap of C$393.69 million and a P/E ratio of 13.08. The business has a fifty day moving average of C$9.60. The company has a debt-to-equity ratio of 218.67, a quick ratio of 0.56 and a current ratio of 0.61.
Slate Retail REIT Company Profile
Slate Retail REIT is a real estate investment trust focused on U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.4 billion of assets located across the top 50 U.S. metro markets that are visited regularly by consumers for their everyday needs. The REIT's conservative payout ratio, together with its diversified portfolio and quality tenant covenants, provides a strong basis to continue to grow unitholder distributions and the flexibility to capitalize on opportunities that drive value appreciation.
Featured Stories
- Five stocks we like better than Slate Retail REIT
- Are Penny Stocks a Good Fit for Your Portfolio?
- Best Bear Market Funds: Top 3 Investment Options to Consider
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Is DraftKings A Good Bet Ahead of Q1 Earnings?
- Transportation Stocks Investing
- Mid-Cap Stocks to Outperform the Market This Cycle
Receive News & Ratings for Slate Retail REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Retail REIT and related companies with MarketBeat.com's FREE daily email newsletter.
