Shares of Nexus Industrial REIT (TSE:NXR.UN – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$7.27 and last traded at C$7.28, with a volume of 109953 shares traded. The stock had previously closed at C$7.37.
Nexus Industrial REIT Stock Down 0.4%
The firm has a market capitalization of C$705.90 million, a PE ratio of 13.40 and a beta of 1.25. The company has a debt-to-equity ratio of 129.95, a quick ratio of 0.12 and a current ratio of 0.44. The business’s 50 day moving average price is C$7.91 and its 200-day moving average price is C$7.89.
Nexus Industrial REIT (TSE:NXR.UN – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported C($0.18) EPS for the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%.The firm had revenue of C$46.62 million for the quarter. As a group, equities research analysts forecast that Nexus Industrial REIT will post 0.7800905 earnings per share for the current year.
Nexus Industrial REIT Announces Dividend
Nexus Industrial REIT Company Profile
Nexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 87 properties comprising approximately 12.3 million square feet of gross leasable area. The REIT has approximately 97,097,000 voting units issued and outstanding, including approximately 73,490,000 REIT Units and approximately 23,607,000 Class B LP Units of subsidiary limited partnerships of Nexus, which are convertible to REIT Units on a one-to-one basis.
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