Summit Industrial Income REIT (TSE:SMU.UN) Trading Up 0.1%

Shares of Summit Industrial Income REIT (TSE:SMU.UN – Get Rating) were up 0.1% on Friday . The stock traded as high as C$23.48 and last traded at C$23.48. Approximately 1,217,593 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,822,923 shares. The stock had previously closed at C$23.46.

Summit Industrial Income REIT Stock Up 0.1 %

The company has a debt-to-equity ratio of 38.16, a quick ratio of 0.21 and a current ratio of 0.42. The company has a market capitalization of C$4.46 billion and a price-to-earnings ratio of 8.89. The stock’s fifty day simple moving average is C$23.07 and its two-hundred day simple moving average is C$20.95.

Summit Industrial Income REIT Company Profile

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Summit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.