First Capital Real Estate Investment Trust (TSE:FCR.UN) Shares Break Above 200-Day Moving Average – Should You Sell?

First Capital Real Estate Investment Trust (TSE:FCR.UN) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$22.77 and traded as high as C$23.09. First Capital Real Estate Investment Trust shares last traded at C$22.98, with a volume of 433,747 shares trading hands.

First Capital Real Estate Investment Trust Stock Performance

The firm has a 50-day moving average price of C$22.74 and a 200 day moving average price of C$22.77. The firm has a market capitalization of C$4.88 billion, a PE ratio of 4.73, a price-to-earnings-growth ratio of -2.77 and a beta of 0.93. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last issued its earnings results on Monday, July 27th. The company reported C$0.11 earnings per share (EPS) for the quarter. First Capital Real Estate Investment Trust had a negative net margin of 8.48% and a negative return on equity of 1.57%. The company had revenue of C$185.87 million during the quarter. Research analysts expect that First Capital Real Estate Investment Trust will post 1.25 earnings per share for the current year.

About First Capital Real Estate Investment Trust

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