Plaza Retail REIT (TSE:PLZ.UN) Reaches New 12-Month High – Time to Buy?

Shares of Plaza Retail REIT (TSE:PLZ.UNGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$4.52 and last traded at C$4.51, with a volume of 16771 shares. The stock had previously closed at C$4.51.

Plaza Retail REIT Price Performance

The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. The stock’s 50-day moving average is C$4.29 and its two-hundred day moving average is C$4.20. The stock has a market cap of C$495.85 million, a PE ratio of 12.76 and a beta of 0.62.

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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