First Capital Real Estate Investment Trust (TSE:FCR.UN) Stock Crosses Above 200-Day Moving Average – What’s Next?

First Capital Real Estate Investment Trust (TSE:FCR.UN)’s share price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of C$22.90 and traded as high as C$23.25. First Capital Real Estate Investment Trust shares last traded at C$23.14, with a volume of 872,769 shares traded.

First Capital Real Estate Investment Trust Trading Down 0.2%

The company has a debt-to-equity ratio of 112.41, a quick ratio of 0.07 and a current ratio of 1.22. The company has a market cap of C$4.91 billion, a P/E ratio of 4.75, a price-to-earnings-growth ratio of -2.77 and a beta of 0.93. The stock has a 50-day moving average of C$22.78 and a two-hundred day moving average of C$22.92.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last announced its quarterly earnings data on Monday, July 27th. The company reported C$0.11 earnings per share (EPS) for the quarter. First Capital Real Estate Investment Trust had a negative return on equity of 1.57% and a negative net margin of 8.48%. The business had revenue of C$185.87 million during the quarter. On average, equities research analysts predict that First Capital Real Estate Investment Trust will post 1.25 earnings per share for the current year.

About First Capital Real Estate Investment Trust

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.