First Asset Canadian REIT Income Fund (TSE:RIT – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$16.53 and traded as low as C$15.48. First Asset Canadian REIT Income Fund shares last traded at C$15.49, with a volume of 22,886 shares trading hands.
First Asset Canadian REIT Income Fund Stock Performance
The firm has a 50 day simple moving average of C$15.70 and a two-hundred day simple moving average of C$16.53.
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.
Further Reading
- Five stocks we like better than First Asset Canadian REIT Income Fund
- How to Find Undervalued Stocks
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Upcoming IPO Stock Lockup Period, Explained
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Breakout Stocks: What They Are and How to Identify Them
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for First Asset Canadian REIT Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Asset Canadian REIT Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
