BTB Real Estate Investment Trust’s (BTB.UN) “Hold” Rating Reaffirmed at Laurentian

Laurentian reissued their hold rating on shares of BTB Real Estate Investment Trust (TSE:BTB.UN) in a report released on Wednesday morning, BayStreet.CA reports.

BTB.UN opened at C$3.02 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 0.87 and a debt-to-equity ratio of 168.24. The firm has a market cap of $189.72 million and a P/E ratio of 4.65. BTB Real Estate Investment Trust has a 52 week low of C$2.29 and a 52 week high of C$5.50. The business’s fifty day simple moving average is C$3.00 and its 200 day simple moving average is C$3.23.

About BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 65 retail, office and industrial properties for a total leasable area to date of 5.2 million square feet. The objectives of BTB are: (i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.

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