Tricon Residential (TSE:TCN) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Tricon Residential Inc. (TSE:TCNGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$15.57. Tricon Residential shares last traded at C$15.34, with a volume of 177,017 shares trading hands.

Tricon Residential Stock Performance

The company has a debt-to-equity ratio of 157.17, a quick ratio of 0.32 and a current ratio of 0.49. The stock has a market capitalization of C$4.18 billion, a price-to-earnings ratio of 27.39 and a beta of 1.47. The stock has a 50 day moving average of C$15.34.

About Tricon Residential

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Tricon Residential Inc (NYSE: TCN, TSX: TCN) is an owner, operator and developer of a growing portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Toronto, Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy.

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