First Asset Canadian REIT Income Fund (TSE:RIT) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

First Asset Canadian REIT Income Fund (TSE:RITGet Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$17.16 and traded as high as C$17.24. First Asset Canadian REIT Income Fund shares last traded at C$17.17, with a volume of 3,847 shares.

First Asset Canadian REIT Income Fund Stock Performance

The business has a fifty day simple moving average of C$17.16 and a 200 day simple moving average of C$16.06.

About First Asset Canadian REIT Income Fund

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First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.

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