Shares of Melcor Real Estate Investment Trust (TSE:MR.UN – Get Free Report) 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 Price Performance
The company has a 50 day moving average of C$5.37 and a two-hundred day moving average of C$5.15. The firm has a market cap of C$70.24 million, a P/E ratio of -542.00 and a beta of 2.18. The company has a quick ratio of 0.03, a current ratio of 0.49 and a debt-to-equity ratio of 206.96.
Melcor Real Estate Investment Trust Company Profile
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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