Shares of Melcor Real Estate Investment Trust (TSE:MR.UN – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$4.75 and traded as high as C$5.36. Melcor Real Estate Investment Trust shares last traded at C$5.36, with a volume of 1,500 shares changing hands.
Melcor Real Estate Investment Trust Stock Performance
The company has a market capitalization of C$69.47 million, a P/E ratio of -536.00 and a beta of 2.18. The business has a 50-day moving average of C$5.28 and a 200-day moving average of C$4.78. The company has a debt-to-equity ratio of 206.96, a current ratio of 0.49 and a quick ratio of 0.03.
Melcor Real Estate Investment Trust Company Profile
Melcor Real Estate Investment Trust is an open-ended real estate investment trust. The company is engaged in acquiring, owning, and managing offices, retail and industrial properties in select target markets in Western Canada. Its objective is to provide stable and growing monthly cash distributions to unitholders by acquiring high-quality properties and diversifying its portfolio.
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