SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Lifted to “Hold” at BMO Capital Markets

BMO Capital Markets upgraded shares of SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFFree Report) to a hold rating in a report issued on Friday, Zacks.com reports.

SmartCentres Real Estate Investment Trust Trading Up 4.2 %

CWYUF opened at $17.55 on Friday. SmartCentres Real Estate Investment Trust has a 1-year low of $14.98 and a 1-year high of $19.24. The stock has a market capitalization of $3.13 billion, a PE ratio of 12.72 and a beta of 1.11. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average price of $16.71 and a two-hundred day moving average price of $17.43.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.09) EPS for the quarter. SmartCentres Real Estate Investment Trust had a net margin of 40.05% and a return on equity of 5.29%. The company had revenue of $161.15 million for the quarter.

SmartCentres Real Estate Investment Trust Company Profile

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SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.

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