BTB Real Estate Investment Trust (TSE:BTB.UN) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

BTB Real Estate Investment Trust (TSE:BTB.UNGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.99 and traded as low as C$3.72. BTB Real Estate Investment Trust shares last traded at C$3.77, with a volume of 144,861 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lowered shares of BTB Real Estate Investment Trust from a “buy” rating to a “hold” rating and set a C$4.25 price target on the stock. in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$3.88.

Get Our Latest Stock Analysis on BTB.UN

BTB Real Estate Investment Trust Stock Up 1.3%

The company has a quick ratio of 0.17, a current ratio of 0.16 and a debt-to-equity ratio of 150.90. The firm has a market cap of C$333.48 million, a price-to-earnings ratio of 15.08 and a beta of 0.55. The stock’s 50 day moving average is C$3.84 and its 200 day moving average is C$3.99.

BTB Real Estate Investment Trust (TSE:BTB.UNGet Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The real estate investment trust reported C$0.09 EPS for the quarter. BTB Real Estate Investment Trust had a net margin of 24.50% and a return on equity of 6.58%. The business had revenue of C$31.96 million for the quarter. Analysts forecast that BTB Real Estate Investment Trust will post 0.3997773 EPS for the current year.

About BTB Real Estate Investment Trust

(Get Free Report)

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.

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