BTB Real Estate Investment Trust (TSE:BTB.UN) Shares Cross Above Fifty Day Moving Average – Should You Sell?

BTB Real Estate Investment Trust (TSE:BTB.UN)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.47 and traded as high as C$3.69. BTB Real Estate Investment Trust shares last traded at C$3.64, with a volume of 79,301 shares.

Wall Street Analyst Weigh In

Separately, National Bankshares raised their price target on shares of BTB Real Estate Investment Trust from C$3.15 to C$3.35 and gave the stock a “sector perform” rating in a research note on Wednesday, May 7th.

BTB Real Estate Investment Trust Price Performance

The company has a market capitalization of C$318.43 million, a price-to-earnings ratio of 10.40 and a beta of 1.47. The company’s 50 day simple moving average is C$3.47 and its 200-day simple moving average is C$3.40. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 150.90.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. Since 2006, BTB owns and manages properties across Canada. BTB REIT invests in industrial, off-downtown core office and necessity-based commercial properties for the benefit of its investors.