Melcor Real Estate Investment Trust (TSE:MR.UN – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$4.43 and traded as high as C$4.90. Melcor Real Estate Investment Trust shares last traded at C$4.87, with a volume of 76,437 shares changing hands.
Melcor Real Estate Investment Trust Price Performance
The stock has a market capitalization of C$63.12 million, a price-to-earnings ratio of -487.00 and a beta of 2.18. The company has a 50-day moving average of C$4.43 and a 200-day moving average of C$3.43. The company has a debt-to-equity ratio of 206.96, a quick ratio of 0.03 and a current ratio of 0.49.
About Melcor Real Estate Investment Trust
Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.
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