Slate Office REIT (TSE:SOT.UN – Get Free Report) shot up 53.7% during mid-day trading on Saturday . The company traded as high as C$0.65 and last traded at C$0.63. 754,588 shares changed hands during trading, an increase of 748% from the average session volume of 88,969 shares. The stock had previously closed at C$0.41.
Slate Office REIT Price Performance
The company has a 50-day moving average of C$0.51 and a 200-day moving average of C$0.44. The company has a debt-to-equity ratio of 329.26, a quick ratio of 0.14 and a current ratio of 0.47. The stock has a market cap of C$50.64 million, a price-to-earnings ratio of -0.19 and a beta of 1.35.
About Slate Office REIT
Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.
Featured Articles
- Five stocks we like better than Slate Office REIT
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Buffett Takes the Bait; Berkshire Buys More Oxy in December
- Roth IRA Calculator: Calculate Your Potential Returns
- Top 3 ETFs to Hedge Against Inflation in 2025
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- These 3 Chip Stock Kings Are Still Buys for 2025
Receive News & Ratings for Slate Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Office REIT and related companies with MarketBeat.com's FREE daily email newsletter.
