Melcor Real Estate Investment Trust (TSE:MR.UN) Hits New 52-Week High – What’s Next?

Melcor Real Estate Investment Trust (TSE:MR.UNGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as C$5.40 and last traded at C$5.28, with a volume of 212160 shares changing hands. The stock had previously closed at C$4.85.

Melcor Real Estate Investment Trust Stock Up 0.4 %

The stock has a 50-day moving average of C$4.88 and a 200-day moving average of C$3.65. The company has a quick ratio of 0.03, a current ratio of 0.49 and a debt-to-equity ratio of 206.96. The company has a market cap of C$68.95 million, a PE ratio of -530.00 and a beta of 2.18.

About Melcor Real Estate Investment Trust

(Get Free Report)

Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.

Featured Articles

Receive News & Ratings for Melcor Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.