Slate Grocery REIT (TSE:SGR.UN) Reaches New 52-Week High at $14.21

Shares of Slate Grocery REIT (TSE:SGR.UN) hit a new 52-week high during trading on Monday . The stock traded as high as C$14.21 and last traded at C$14.18, with a volume of 25432 shares. The stock had previously closed at C$14.05.

Wall Street Analysts Forecast Growth

Separately, Raymond James boosted their price objective on Slate Grocery REIT from C$9.00 to C$9.75 in a report on Friday, September 6th.

Slate Grocery REIT Stock Up 1.0 %

The stock has a 50-day moving average of C$12.46 and a 200-day moving average of C$11.58. The company has a debt-to-equity ratio of 133.42, a current ratio of 0.09 and a quick ratio of 0.38. The firm has a market cap of C$837.21 million, a price-to-earnings ratio of 18.25 and a beta of 1.66.

Slate Grocery REIT Company Profile

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.