Slate Office REIT (TSE:SOT.UN) Stock Price Up 53.7% – What’s Next?

Shares of Slate Office REIT (TSE:SOT.UNGet Free Report) traded up 53.7% on Saturday . The company traded as high as C$0.65 and last traded at C$0.63. 754,588 shares traded hands during trading, an increase of 748% from the average session volume of 88,969 shares. The stock had previously closed at C$0.41.

Slate Office REIT Trading Up 53.7 %

The company has a quick ratio of 0.14, a current ratio of 0.47 and a debt-to-equity ratio of 329.26. The stock has a market cap of C$50.64 million, a price-to-earnings ratio of -0.19 and a beta of 1.35. The company’s fifty day moving average is C$0.51 and its two-hundred day moving average is C$0.44.

Slate Office REIT Company Profile

(Get Free Report)

Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.

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