Melcor Real Estate Investment Trust (TSE:MR.UN – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$5.15 and traded as high as C$5.45. Melcor Real Estate Investment Trust shares last traded at C$5.43, with a volume of 1,656 shares trading hands.
Melcor Real Estate Investment Trust Stock Performance
The company has a quick ratio of 0.03, a current ratio of 0.49 and a debt-to-equity ratio of 206.96. The firm has a market capitalization of C$70.24 million, a price-to-earnings ratio of -542.00 and a beta of 2.18. The company has a 50-day moving average price of C$5.37 and a 200-day moving average price of C$5.15.
About Melcor Real Estate Investment Trust
Melcor Real Estate Investment Trust is an open-ended real estate investment trust. The company is engaged in acquiring, owning, and managing offices, retail and industrial properties in select target markets in Western Canada. Its objective is to provide stable and growing monthly cash distributions to unitholders by acquiring high-quality properties and diversifying its portfolio.
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