Nexus Industrial REIT (TSE:NXR.UN) Releases Quarterly Earnings Results

Nexus Industrial REIT (TSE:NXR.UN) announced its earnings results on Thursday. The company reported C$0.43 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$44.88 million during the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%.

Nexus Industrial REIT Trading Down 3.1%

Shares of TSE:NXR.UN opened at C$7.55 on Friday. The business has a 50-day moving average price of C$7.96 and a 200-day moving average price of C$7.85. The stock has a market cap of C$732.52 million, a price-to-earnings ratio of 9.14 and a beta of 1.43. The company has a quick ratio of 0.12, a current ratio of 0.44 and a debt-to-equity ratio of 129.95. Nexus Industrial REIT has a 52-week low of C$5.98 and a 52-week high of C$8.41.

Nexus Industrial REIT Company Profile

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties.