CT Real Estate Investment Trust (TSE:CRT.UN – Get Rating) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.03 and traded as low as C$15.42. CT Real Estate Investment Trust shares last traded at C$15.62, with a volume of 150,488 shares trading hands.

Wall Street Analysts Forecast Growth

CRT.UN has been the topic of a number of recent research reports. Scotiabank dropped their target price on CT Real Estate Investment Trust from C$18.00 to C$17.50 in a research report on Thursday, November 10th. CIBC dropped their target price on CT Real Estate Investment Trust from C$17.50 to C$16.50 and set a "neutral" rating for the company in a report on Wednesday, November 9th. BMO Capital Markets lowered their price target on CT Real Estate Investment Trust from C$18.00 to C$17.00 in a report on Wednesday, November 9th. National Bankshares lowered their price target on CT Real Estate Investment Trust from C$18.00 to C$17.50 in a report on Monday, October 24th. Finally, TD Securities decreased their target price on CT Real Estate Investment Trust from C$17.00 to C$16.50 and set a "hold" rating on the stock in a research note on Thursday, October 20th.

CT Real Estate Investment Trust Price Performance

The firm has a market capitalization of C$3.66 billion and a P/E ratio of 11.66. The business has a fifty day moving average of C$15.36 and a 200-day moving average of C$16.03. The company has a debt-to-equity ratio of 75.03, a quick ratio of 0.10 and a current ratio of 0.17.

CT Real Estate Investment Trust Announces Dividend

About CT Real Estate Investment Trust

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CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 325 properties totaling approximately 26 million square feet of GLA, consisting primarily of retail properties located across Canada.

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