Plaza Retail REIT (TSE:PLZ.UN) Trading Down 1.4% – Here’s Why

Plaza Retail REIT (TSE:PLZ.UN)’s stock price traded down 1.4% on Friday . The company traded as low as C$3.57 and last traded at C$3.65. 106,260 shares traded hands during trading, an increase of 142% from the average session volume of 43,877 shares. The stock had previously closed at C$3.70.

Plaza Retail REIT Trading Down 1.4 %

The company’s fifty day simple moving average is C$3.79 and its 200-day simple moving average is C$3.71. The firm has a market capitalization of C$402.85 million, a PE ratio of 36.50 and a beta of 1.08. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.