Bsr Real Estate Investment Trust (TSE:HOM.U) Shares Down 3.7% – Here’s What Happened

Shares of Bsr Real Estate Investment Trust (TSE:HOM.U) traded down 3.7% on Tuesday . The stock traded as low as C$11.03 and last traded at C$11.16. Approximately 29,247 shares were traded during mid-day trading, an increase of 18% from the average session volume of 24,887 shares. The stock had previously closed at C$11.59.

Bsr Real Estate Investment Trust Price Performance

The company has a market capitalization of C$379.33 million, a price-to-earnings ratio of 18.95 and a beta of 0.83. The company’s 50 day simple moving average is C$11.47 and its 200-day simple moving average is C$11.61. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust (TSE:HOM.U) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C($0.16) EPS for the quarter. The firm had revenue of C$48.60 million for the quarter. Bsr Real Estate Investment Trust had a negative return on equity of 24.20% and a negative net margin of 112.59%.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.