BTB Real Estate Investment Trust (TSE:BTB.UN) Director Buys C$49,950.00 in Stock

BTB Real Estate Investment Trust (TSE:BTB.UN) Director Armand Des Rosiers acquired 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of C$3.33 per share, with a total value of C$49,950.00.

BTB Real Estate Investment Trust Price Performance

BTB Real Estate Investment Trust stock opened at C$3.36 on Friday. The firm has a market capitalization of C$293.93 million, a P/E ratio of 9.60 and a beta of 1.47. BTB Real Estate Investment Trust has a one year low of C$2.85 and a one year high of C$3.78. The company has a debt-to-equity ratio of 150.90, a current ratio of 0.16 and a quick ratio of 0.17. The business has a fifty day moving average price of C$3.58 and a 200-day moving average price of C$3.41.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada boosted their price target on shares of BTB Real Estate Investment Trust from C$3.50 to C$3.75 in a research report on Wednesday, November 6th.

About BTB Real Estate Investment Trust

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%.