WPT Industrial Real Estate Investment (TSE:WIR.U) Stock Crosses Below Fifty Day Moving Average of $13.79

WPT Industrial Real Estate Investment (TSE:WIR.U)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $13.79 and traded as low as $13.78. WPT Industrial Real Estate Investment shares last traded at $13.79, with a volume of 14,630 shares trading hands.

A number of equities analysts recently weighed in on the company. Desjardins reduced their price target on WPT Industrial Real Estate Investment from C$15.00 to C$14.75 in a report on Monday, May 13th. National Bank Financial increased their target price on WPT Industrial Real Estate Investment from C$15.00 to C$15.50 and gave the company an “outperform” rating in a report on Friday, August 9th. CIBC increased their target price on WPT Industrial Real Estate Investment from C$14.50 to C$14.75 in a report on Friday, August 9th. BMO Capital Markets increased their target price on WPT Industrial Real Estate Investment from C$14.25 to C$14.75 in a report on Tuesday, May 14th. Finally, Royal Bank of Canada increased their target price on WPT Industrial Real Estate Investment from C$14.50 to C$15.00 and gave the company an “outperform” rating in a report on Friday, August 9th.

The company has a market capitalization of $609.83 million and a PE ratio of 14.85. The company has a quick ratio of 0.22, a current ratio of 0.31 and a debt-to-equity ratio of 63.52. The firm has a 50-day moving average of C$13.80 and a two-hundred day moving average of C$13.68.



WPT Industrial Real Estate Investment Company Profile (TSE:WIR.U)

WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed for the purpose of acquiring, developing, managing and owning primarily industrial investment properties located in the United States, with a particular focus on warehouse and distribution industrial real estate.

Featured Article: Green Investing

Receive News & Ratings for WPT Industrial Real Estate Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPT Industrial Real Estate Investment and related companies with MarketBeat.com's FREE daily email newsletter.