BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) Senior Officer Marc-André Lefebvre acquired 6,370 shares of the company’s stock in a transaction on Wednesday, June 26th. The stock was purchased at an average cost of C$3.15 per share, for a total transaction of C$20,083.34.
BTB Real Estate Investment Trust Stock Performance
Shares of BTB.UN opened at C$3.13 on Friday. The company has a debt-to-equity ratio of 151.18, a quick ratio of 0.17 and a current ratio of 0.12. The stock has a market capitalization of C$272.90 million, a P/E ratio of 7.83 and a beta of 1.47. The company’s fifty day moving average is C$3.20 and its two-hundred day moving average is C$3.10. BTB Real Estate Investment Trust has a 1 year low of C$2.71 and a 1 year high of C$3.39.
Wall Street Analyst Weigh In
Separately, National Bankshares dropped their price objective on shares of BTB Real Estate Investment Trust from C$3.15 to C$3.05 and set a “sector perform” rating on the stock in a research note on Wednesday, April 24th.
About BTB Real Estate Investment Trust
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.
See Also
- Five stocks we like better than BTB Real Estate Investment Trust
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- Short Selling: How to Short a Stock
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Investing in Travel Stocks Benefits
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for BTB Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTB Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.