Plaza Retail REIT (TSE:PLZ.UN) Reaches New 52-Week High – Here’s Why

Plaza Retail REIT (TSE:PLZ.UNGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$4.45 and last traded at C$4.45, with a volume of 98721 shares trading hands. The stock had previously closed at C$4.30.

Plaza Retail REIT Price Performance

The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The firm has a market cap of C$491.44 million, a price-to-earnings ratio of 12.65 and a beta of 0.62. The stock has a 50-day moving average price of C$4.27 and a 200 day moving average price of C$4.19.

About Plaza Retail REIT

(Get Free Report)

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

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