First Asset Canadian REIT Income Fund (TSE:RIT – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$15.61 and traded as high as C$16.27. First Asset Canadian REIT Income Fund shares last traded at C$16.26, with a volume of 14,979 shares.
First Asset Canadian REIT Income Fund Stock Performance
The company has a market capitalization of C$460.61 million and a P/E ratio of -98.84. The stock has a 50 day moving average price of C$15.61 and a 200 day moving average price of C$15.82.
About First Asset Canadian REIT Income Fund
First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.
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