Plaza Retail REIT (TSE:PLZ.UN) Stock Crosses Above 50-Day Moving Average – What’s Next?

Plaza Retail REIT (TSE:PLZ.UNGet Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$4.25 and traded as high as C$4.26. Plaza Retail REIT shares last traded at C$4.24, with a volume of 37,358 shares traded.

Plaza Retail REIT Price Performance

The stock has a 50 day moving average price of C$4.25 and a two-hundred day moving average price of C$4.18. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The firm has a market capitalization of C$468.24 million, a price-to-earnings ratio of 12.05 and a beta of 0.62.

Plaza Retail REIT Company Profile

(Get Free Report)

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

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