H&R Real Estate Investment Trust (TSE:HR.UN) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

H&R Real Estate Investment Trust (TSE:HR.UN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.43 and traded as high as C$11.21. H&R Real Estate Investment Trust shares last traded at C$11.19, with a volume of 1,051,012 shares traded.

Wall Street Analyst Weigh In

Separately, National Bank Financial set a C$12.00 target price on H&R Real Estate Investment Trust and gave the company an “outperform” rating in a report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, H&R Real Estate Investment Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of C$12.00.

H&R Real Estate Investment Trust Trading Up 2.2%

The company has a market cap of C$2.96 billion, a price-to-earnings ratio of -3.80 and a beta of 0.60. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19. The firm’s fifty day moving average price is C$10.52 and its 200-day moving average price is C$10.43.

H&R Real Estate Investment Trust (TSE:HR.UN) last released its quarterly earnings results on Thursday, May 14th. The real estate investment trust reported C($0.12) EPS for the quarter. H&R Real Estate Investment Trust had a negative return on equity of 4.16% and a negative net margin of 20.83%.The firm had revenue of C$184.25 million for the quarter. On average, equities analysts expect that H&R Real Estate Investment Trust will post 1.3814956 EPS for the current fiscal year.

H&R Real Estate Investment Trust Company Profile

H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.