CT Real Estate Investment Trust (OTCMKTS:CTRRF) Stock Price Down 1% – What’s Next?

CT Real Estate Investment Trust (OTCMKTS:CTRRF) shares dropped 1% during trading on Wednesday . The company traded as low as $11.5020 and last traded at $11.5020. Approximately 12,600 shares changed hands during trading, a decline of 11% from the average daily volume of 14,087 shares. The stock had previously closed at $11.62.

Analyst Ratings Changes

Several research firms have recently weighed in on CTRRF. CIBC reiterated a “neutral” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, November 5th. BMO Capital Markets reaffirmed a “market perform” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of CT Real Estate Investment Trust in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

CT Real Estate Investment Trust Stock Performance

The company’s fifty day moving average price is $11.76 and its two-hundred day moving average price is $11.65.

CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.