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

First Capital Real Estate Investment Trust (TSE:FCR.UN) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$22.70 and traded as high as C$22.85. First Capital Real Estate Investment Trust shares last traded at C$22.84, with a volume of 610,927 shares trading hands.

First Capital Real Estate Investment Trust Stock Performance

The firm’s fifty day moving average price is C$22.74 and its 200 day moving average price is C$22.70. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. The stock has a market capitalization of C$4.85 billion, a price-to-earnings ratio of 4.70, a price-to-earnings-growth ratio of -2.77 and a beta of 0.94.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last posted its earnings results on Monday, July 27th. The company reported C$0.11 earnings per share for the quarter. First Capital Real Estate Investment Trust had a negative net margin of 8.48% and a negative return on equity of 1.57%. The firm had revenue of C$185.87 million during the quarter. Analysts forecast that First Capital Real Estate Investment Trust will post 1.2480836 EPS for the current fiscal 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.