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

First Capital Real Estate Investment Trust (TSE:FCR.UN)’s stock price dropped 0.3% during trading on Tuesday. The company traded as low as C$23.27 and last traded at C$23.29. Approximately 356,175 shares were traded during mid-day 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 Stock Performance

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 50-day moving average price is C$22.89 and its two-hundred day moving average price is C$22.38. The company has a market capitalization of C$4.95 billion, a price-to-earnings ratio of 4.57, a PEG ratio of -2.77 and a beta of 0.93.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last announced its earnings results on Monday, November 2nd. The company reported C$0.55 earnings per share for the quarter. The business had revenue of C$187.17 million during the quarter. First Capital Real Estate Investment Trust had a negative net margin of 8.48% and a negative return on equity of 1.57%. On average, equities research 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.