First Asset Canadian REIT Income Fund (TSE:RIT) Stock Passes Below Fifty Day Moving Average of $15.96

First Asset Canadian REIT Income Fund (TSE:RIT) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$15.96 and traded as low as C$15.14. First Asset Canadian REIT Income Fund shares last traded at C$15.17, with a volume of 5,153 shares.

First Asset Canadian REIT Income Fund Stock Performance

The company’s fifty day moving average is C$15.96 and its 200-day moving average is C$15.50.

First Asset Canadian REIT Income Fund Company Profile

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.