H&R Real Estate Investment Trust (TSE:HR.UN) Hits New 12-Month High at $10.64

H&R Real Estate Investment Trust (TSE:HR.UN)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$10.64 and last traded at C$10.64, with a volume of 7085 shares trading hands. The stock had previously closed at C$10.53.

Wall Street Analysts Forecast Growth

Separately, Scotiabank raised their price target on H&R Real Estate Investment Trust from C$11.00 to C$11.25 and gave the company a “sector perform” rating in a research report on Friday, May 17th.

H&R Real Estate Investment Trust Trading Up 2.2 %

The stock’s 50 day moving average is C$9.53 and its 200-day moving average is C$9.28. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.53 and a quick ratio of 0.19. The company has a market capitalization of C$2.82 billion, a P/E ratio of -12.84 and a beta of 1.97.

H&R Real Estate Investment Trust Company Profile

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.