Tricon Capital Group Inc (TSE:TCN)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as C$11.82 and last traded at C$11.80, with a volume of 522046 shares trading hands. The stock had previously closed at C$11.70.
Separately, Raymond James reissued an “outperform” rating and set a C$13.00 price target on shares of Tricon Capital Group in a research note on Friday, January 31st.
The company has a quick ratio of 0.31, a current ratio of 0.41 and a debt-to-equity ratio of 30.28. The stock has a market cap of $2.29 billion and a price-to-earnings ratio of 19.35. The company’s 50-day simple moving average is C$11.02 and its 200-day simple moving average is C$10.61.
Tricon Capital Group Inc is a principal investor and asset manager focused on the residential real estate industry in North America. The firm owns and manages on behalf of third-party investors a portfolio of investments in land and homebuilding assets, single-family rental homes, manufactured housing communities, and multi-family development projects.
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