Plaza Retail REIT (TSE:PLZ.UN) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Plaza Retail REIT (TSE:PLZ.UN)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.71 and traded as low as C$3.54. Plaza Retail REIT shares last traded at C$3.55, with a volume of 25,235 shares trading hands.

Plaza Retail REIT Trading Down 0.6 %

The business has a fifty day moving average price of C$3.64 and a two-hundred day moving average price of C$3.71. The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16. The firm has a market capitalization of C$389.61 million, a PE ratio of 35.30 and a beta of 1.08.

Plaza Retail REIT Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.0233 per share. This represents a $0.28 annualized dividend and a yield of 7.92%. The ex-dividend date of this dividend is Friday, January 31st. Plaza Retail REIT’s dividend payout ratio (DPR) is presently 280.00%.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.