BTB Real Estate Investment Trust (TSE:BTB.UN) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

BTB Real Estate Investment Trust (TSE:BTB.UN) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$3.39 and traded as high as C$3.60. BTB Real Estate Investment Trust shares last traded at C$3.60, with a volume of 43,964 shares.

Analysts Set New Price Targets

Separately, National Bankshares increased their price target on BTB Real Estate Investment Trust from C$3.15 to C$3.35 and gave the stock a “sector perform” rating in a report on Wednesday, May 7th.

BTB Real Estate Investment Trust Stock Up 0.6%

The business has a fifty day moving average of C$3.39 and a 200 day moving average of C$3.40. The company has a market capitalization of C$314.93 million, a PE ratio of 10.29 and a beta of 1.47. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 150.90.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. Since 2006, BTB owns and manages properties across Canada. BTB REIT invests in industrial, off-downtown core office and necessity-based commercial properties for the benefit of its investors.