BTB Real Estate Investment Trust (TSE:BTB.UN) Senior Officer Buys C$24,820.00 in Stock

BTB Real Estate Investment Trust (TSE:BTB.UN) Senior Officer Bruno Meunier acquired 7,300 shares of BTB Real Estate Investment Trust stock in a transaction on Friday, December 27th. The shares were bought at an average cost of C$3.40 per share, with a total value of C$24,820.00.

BTB Real Estate Investment Trust Stock Performance

Shares of BTB.UN stock traded up C$0.03 during mid-day trading on Friday, hitting C$3.41. The stock had a trading volume of 125,047 shares, compared to its average volume of 90,832. The firm has a market cap of C$298.31 million, a PE ratio of 9.74 and a beta of 1.47. The company’s 50-day simple moving average is C$3.55 and its 200-day simple moving average is C$3.41. The company has a debt-to-equity ratio of 150.90, a current ratio of 0.16 and a quick ratio of 0.17. BTB Real Estate Investment Trust has a fifty-two week low of C$2.87 and a fifty-two week high of C$3.78.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their price target on BTB Real Estate Investment Trust from C$3.50 to C$3.75 in a research note on Wednesday, November 6th.

About BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB’s Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.