True North Commercial REIT (TSE:TNT.UN – Get Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$8.42 and traded as low as C$8.14. True North Commercial REIT shares last traded at C$8.14, with a volume of 14,597 shares.
True North Commercial REIT Stock Performance
The company has a market capitalization of C$114.43 million, a P/E ratio of -3.51 and a beta of 0.96. The company has a debt-to-equity ratio of 175.73, a current ratio of 0.14 and a quick ratio of 0.06. The company has a fifty day moving average price of C$8.42 and a two-hundred day moving average price of C$8.84.
True North Commercial REIT (TSE:TNT.UN – Get Free Report) last released its quarterly earnings results on Tuesday, March 17th. The company reported C($1.15) earnings per share for the quarter. The firm had revenue of C$40.33 million for the quarter. True North Commercial REIT had a negative return on equity of 10.66% and a negative net margin of 38.96%.
True North Commercial REIT Dividend Announcement
True North Commercial REIT Company Profile
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires Canadian commercial real estate properties. Its objective is to maximize total returns to unitholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.
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