Cormark reissued their buy rating on shares of Slate Office REIT (TSE:SOT.UN) in a research note issued to investors on Thursday, PriceTargets.com reports. Cormark currently has a C$5.25 price target on the stock.
Shares of TSE:SOT.UN traded down C$0.01 on Thursday, hitting C$4.39. The company had a trading volume of 8,228 shares, compared to its average volume of 217,622. The firm’s 50-day simple moving average is C$4.43 and its two-hundred day simple moving average is C$4.16. Slate Office REIT has a 1 year low of C$3.23 and a 1 year high of C$4.59. The company has a quick ratio of 0.10, a current ratio of 0.13 and a debt-to-equity ratio of 170.38. The firm has a market capitalization of C$297.49 million and a price-to-earnings ratio of 21.89.
About Slate Office REIT
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