BTB Real Estate Investment Trust (TSE:BTB.UN) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

BTB Real Estate Investment Trust (TSE:BTB.UN)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.38 and traded as high as C$3.60. BTB Real Estate Investment Trust shares last traded at C$3.59, with a volume of 82,238 shares traded.

BTB Real Estate Investment Trust Price Performance

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 company has a market capitalization of C$314.05 million, a P/E ratio of 10.26 and a beta of 1.47. The company’s fifty day moving average price is C$3.38 and its 200 day moving average price is C$3.26.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 65 retail, office and industrial properties for a total leasable area to date of 5.2 million square feet. The objectives of BTB are: (i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.