First Capital Real Estate Investment Trust (TSE:FCR.UN) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

First Capital Real Estate Investment Trust (TSE:FCR.UN)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$18.91 and traded as high as C$18.91. First Capital Real Estate Investment Trust shares last traded at C$18.79, with a volume of 137,934 shares.

Wall Street Analysts Forecast Growth

Separately, National Bankshares increased their price target on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$21.90.

First Capital Real Estate Investment Trust Price Performance

The stock’s 50-day moving average is C$19.08 and its two-hundred day moving average is C$18.91. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. The company has a market capitalization of C$3.99 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of -2.77 and a beta of 0.92.

First Capital Real Estate Investment Trust Company Profile

First Capital REIT is a developer, owner and operator of mixed-use urban real estate in Canada’s populated centres. The company’s focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.