Shares of Slate Office REIT (TSE:SOT.UN – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.51 and traded as high as C$0.65. Slate Office REIT shares last traded at C$0.64, with a volume of 42,130 shares trading hands.
Slate Office REIT Price Performance
The stock has a market capitalization of C$51.44 million, a P/E ratio of -0.20 and a beta of 1.35. The company’s 50 day simple moving average is C$0.51 and its two-hundred day simple moving average is C$0.48. The company has a debt-to-equity ratio of 329.26, a current ratio of 0.47 and a quick ratio of 0.14.
About Slate Office REIT
Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.
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