Shares of BTB Real Estate Investment Trust (OTCMKTS:BTBIF – Get Free Report) shot up 1.3% during trading on Thursday . The company traded as high as $2.32 and last traded at $2.32. 300 shares were traded during mid-day trading, a decline of 86% from the average session volume of 2,111 shares. The stock had previously closed at $2.29.
BTB Real Estate Investment Trust Stock Performance
The firm’s 50-day simple moving average is $2.29 and its two-hundred day simple moving average is $2.23.
BTB Real Estate Investment Trust Company Profile
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.
Further Reading
- Five stocks we like better than BTB Real Estate Investment Trust
- How to Most Effectively Use the MarketBeat Earnings Screener
- Hasbro’s Management Made All the Right Calls This Quarter
- Comparing and Trading High PE Ratio Stocks
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Energy and Oil Stocks Explained
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for BTB Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTB Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
