BTB Real Estate Investment Trust (TSE:BTB.UN) Director Armand Des Rosiers Purchases 15,000 Shares

BTB Real Estate Investment Trust (TSE:BTB.UN) Director Armand Des Rosiers acquired 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of C$3.33 per share, for a total transaction of C$49,950.00.

BTB Real Estate Investment Trust Stock Down 1.2 %

Shares of TSE BTB.UN opened at C$3.32 on Friday. The company has a market cap of C$290.43 million, a price-to-earnings ratio of 9.49 and a beta of 1.47. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 150.90. BTB Real Estate Investment Trust has a 12 month low of C$2.83 and a 12 month high of C$3.78. The stock has a 50-day moving average price of C$3.59 and a two-hundred day moving average price of C$3.41.

Analyst Upgrades and Downgrades

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

BTB Real Estate Investment Trust Company Profile

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%.