SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

SmartCentres Real Estate Investment Trst (TSE:SRU.UN)’s stock price crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$28.01 and traded as low as C$26.55. SmartCentres Real Estate Investment Trst shares last traded at C$26.71, with a volume of 316,379 shares.

SmartCentres Real Estate Investment Trst Stock Down 0.6%

The stock has a fifty day moving average price of C$27.94 and a two-hundred day moving average price of C$28.48. The company has a market cap of C$4.53 billion, a price-to-earnings ratio of 28.82 and a beta of 0.80. The company has a quick ratio of 0.10, a current ratio of 0.17 and a debt-to-equity ratio of 80.88.

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) last released its quarterly earnings results on Thursday, August 6th. The company reported C($0.83) EPS for the quarter. SmartCentres Real Estate Investment Trst had a return on equity of 5.35% and a net margin of 29.07%.The business had revenue of C$225.96 million for the quarter. As a group, sell-side analysts expect that SmartCentres Real Estate Investment Trst will post 1.9333838 EPS for the current year.

About SmartCentres Real Estate Investment Trst

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 200 strategically located properties in communities across the country. SmartCentres has approximately $12.3 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.5 million square feet of leasable space with 97.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.