BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) Senior Officer Marc-André Lefebvre bought 6,370 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The shares were purchased at an average cost of C$3.15 per share, for a total transaction of C$20,083.34.
BTB Real Estate Investment Trust Price Performance
Shares of TSE:BTB.UN opened at C$3.13 on Friday. The company’s fifty day moving average is C$3.20 and its two-hundred day moving average is C$3.10. The company has a quick ratio of 0.17, a current ratio of 0.12 and a debt-to-equity ratio of 151.18. BTB Real Estate Investment Trust has a 12-month low of C$2.71 and a 12-month high of C$3.39. The company has a market cap of C$272.90 million, a P/E ratio of 7.83 and a beta of 1.47.
Wall Street Analyst Weigh In
Separately, National Bankshares dropped their price target on BTB Real Estate Investment Trust from C$3.15 to C$3.05 and set a “sector perform” rating on the stock in a report on Wednesday, April 24th.
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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