Fronsac Real Estate Investment Trust (CVE:FRO.UN) Trading Up 1.9% – Still a Buy?

Shares of Fronsac Real Estate Investment Trust (CVE:FRO.UN) were up 1.9% during mid-day trading on Friday . The company traded as high as C$8.00 and last traded at C$7.90. Approximately 4,368 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 8,302 shares. The stock had previously closed at C$7.75.

Fronsac Real Estate Investment Trust Trading Up 1.9 %

The firm’s 50-day simple moving average is C$7.90 and its 200 day simple moving average is C$7.90. The stock has a market cap of C$137.79 million and a P/E ratio of 21.58. The company has a current ratio of 0.11, a quick ratio of 0.04 and a debt-to-equity ratio of 129.79.

About Fronsac Real Estate Investment Trust

Fronsac Real Estate Investment Trust is an open-ended trust that acquires and owns high quality triple net and management-free commercial real estate properties.