BTB Real Estate Investment Trust (TSE:BTB.UN) Director Purchases C$49,950.00 in Stock

BTB Real Estate Investment Trust (TSE:BTB.UN) Director Armand Des Rosiers purchased 15,000 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of C$3.33 per share, with a total value of C$49,950.00.

BTB Real Estate Investment Trust Trading Down 0.9 %

Shares of TSE BTB.UN traded down C$0.03 during trading on Thursday, hitting C$3.33. 132,122 shares of the company traded hands, compared to its average volume of 90,420. The company has a quick ratio of 0.17, a current ratio of 0.16 and a debt-to-equity ratio of 150.90. The firm has a market capitalization of C$291.31 million, a P/E ratio of 9.51 and a beta of 1.47. The company has a 50-day moving average price of C$3.60 and a 200-day moving average price of C$3.41. BTB Real Estate Investment Trust has a 1 year low of C$2.83 and a 1 year high of C$3.78.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada increased their price objective on shares of BTB Real Estate Investment Trust from C$3.50 to C$3.75 in a report on Wednesday, November 6th.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB’s Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.