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

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$19.05 and traded as high as C$19.74. First Capital Real Estate Investment Trust shares last traded at C$19.48, with a volume of 448,082 shares trading hands.

Wall Street Analysts Forecast Growth

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

First Capital Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41. The company has a market capitalization of C$4.14 billion, a price-to-earnings ratio of 16.86, a PEG ratio of -2.77 and a beta of 0.99. The stock has a fifty day moving average price of C$19.10 and a two-hundred day moving average price of C$19.05.

First Capital Real Estate Investment Trust Company Profile

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.