Summit Industrial Income REIT (TSE:SMU.UN) Trading 0.1% Higher – What’s Next?

Summit Industrial Income REIT (TSE:SMU.UNGet Free Report) shot up 0.1% during mid-day trading on Monday . The company traded as high as C$23.48 and last traded at C$23.48. 1,217,593 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 1,822,923 shares. The stock had previously closed at C$23.46.

Summit Industrial Income REIT Stock Performance

The stock has a market capitalization of C$4.46 billion and a PE ratio of 8.89. The company has a debt-to-equity ratio of 38.16, a current ratio of 0.42 and a quick ratio of 0.21. The company’s 50-day moving average price is C$23.48.

Summit Industrial Income REIT Company Profile

(Get Free Report)

Summit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.

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