Shares of Slate Office REIT (TSE:SOT.UN – Get Free Report) rose 53.7% on Saturday . The stock traded as high as C$0.65 and last traded at C$0.63. Approximately 754,588 shares traded hands during mid-day trading, an increase of 748% from the average daily volume of 88,969 shares. The stock had previously closed at C$0.41.
Slate Office REIT Price Performance
The company has a debt-to-equity ratio of 329.26, a quick ratio of 0.14 and a current ratio of 0.47. The business has a 50 day moving average price of C$0.51 and a 200-day moving average price of C$0.44. The company has a market capitalization of C$50.64 million, a price-to-earnings ratio of -0.19 and a beta of 1.35.
Slate Office REIT Company Profile
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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