H&R Real Estate Investment Trust (TSE:HR.UN) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

H&R Real Estate Investment Trust (TSE:HR.UNGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$10.59 and traded as high as C$11.20. H&R Real Estate Investment Trust shares last traded at C$11.08, with a volume of 764,447 shares traded.

Analyst Upgrades and Downgrades

Separately, National Bank Financial set a C$12.00 price objective on shares of H&R Real Estate Investment Trust and gave the company an “outperform” rating in a research note on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, H&R Real Estate Investment Trust currently has a consensus rating of “Moderate Buy” and an average price target of C$12.00.

Get Our Latest Stock Report on H&R Real Estate Investment Trust

H&R Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. The firm has a 50-day simple moving average of C$10.84 and a 200 day simple moving average of C$10.60. The company has a market cap of C$2.96 billion, a price-to-earnings ratio of -3.79 and a beta of 0.57.

H&R Real Estate Investment Trust (TSE:HR.UNGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The real estate investment trust reported C($0.12) earnings per share for the quarter. The firm had revenue of C$184.25 million during the quarter. H&R Real Estate Investment Trust had a negative net margin of 20.83% and a negative return on equity of 4.16%. On average, sell-side analysts predict that H&R Real Estate Investment Trust will post 1.3814956 earnings per share for the current fiscal year.

About H&R Real Estate Investment Trust

(Get Free Report)

H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.

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