Plaza Retail REIT (TSE:PLZ.UN) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Plaza Retail REIT (TSE:PLZ.UNGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.71 and traded as low as C$3.58. Plaza Retail REIT shares last traded at C$3.61, with a volume of 6,377 shares traded.

Plaza Retail REIT Trading Up 1.1 %

The stock’s 50 day simple moving average is C$3.73 and its two-hundred day simple moving average is C$3.71. The stock has a market capitalization of C$398.44 million, a PE ratio of 36.10 and a beta of 1.08. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06.

Plaza Retail REIT Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th will be paid a $0.0233 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.28 annualized dividend and a yield of 7.75%. Plaza Retail REIT’s payout ratio is 280.00%.

Plaza Retail REIT Company Profile

(Get Free Report)

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.

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