H&R Real Estate Investment Trust (TSE:HR.UN) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

H&R Real Estate Investment Trust (TSE:HR.UN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.61 and traded as high as C$11.11. H&R Real Estate Investment Trust shares last traded at C$11.02, with a volume of 1,171,342 shares traded.

Analyst Upgrades and Downgrades

Separately, National Bank Financial set a C$12.00 price target on H&R Real Estate Investment Trust and gave the company an “outperform” rating in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, H&R Real Estate Investment Trust has an average rating of “Moderate Buy” and an average price target of C$12.00.

H&R Real Estate Investment Trust Stock Performance

The stock’s 50 day moving average price is C$10.92 and its two-hundred day moving average price is C$10.61. The company has a current ratio of 0.31, a quick ratio of 0.19 and a debt-to-equity ratio of 73.68. The firm has a market capitalization of C$2.92 billion, a price-to-earnings ratio of -3.74 and a beta of 0.57.

H&R Real Estate Investment Trust (TSE:HR.UN) last announced its quarterly earnings data on Thursday, May 14th. The real estate investment trust reported C($0.12) EPS for the quarter. The company 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, analysts forecast that H&R Real Estate Investment Trust will post 1.3814956 EPS for the current year.

H&R Real Estate Investment Trust Company Profile

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.