First Capital Real Estate Investment Trust (TSE:FCR.UN) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UNGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$22.55 and traded as high as C$22.73. First Capital Real Estate Investment Trust shares last traded at C$22.55, with a volume of 414,498 shares changing hands.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada cut shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and upped their price target for the stock from C$23.00 to C$24.40 in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, First Capital Real Estate Investment Trust currently has a consensus rating of “Hold” and a consensus target price of C$23.90.

Check Out Our Latest Research Report on FCR.UN

First Capital Real Estate Investment Trust Price Performance

The firm has a fifty day moving average price of C$22.86 and a two-hundred day moving average price of C$22.56. The company has a debt-to-equity ratio of 112.41, a quick ratio of 0.07 and a current ratio of 1.22. The stock has a market capitalization of C$4.77 billion, a P/E ratio of 4.61, a PEG ratio of -2.77 and a beta of 0.94.

First Capital Real Estate Investment Trust (TSE:FCR.UNGet Free Report) last released its quarterly earnings results on Monday, July 27th. The company reported C$0.11 earnings per share (EPS) for the quarter. The business had revenue of C$185.87 million during the quarter. First Capital Real Estate Investment Trust had a negative return on equity of 1.57% and a negative net margin of 8.48%. As a group, analysts expect that First Capital Real Estate Investment Trust will post 1.2480836 EPS for the current fiscal year.

First Capital Real Estate Investment Trust Company Profile

(Get Free Report)

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.

Further Reading

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