First Asset Canadian REIT Income Fund (TSE:RIT) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

First Asset Canadian REIT Income Fund (TSE:RITGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$16.53 and traded as low as C$15.48. First Asset Canadian REIT Income Fund shares last traded at C$15.49, with a volume of 22,886 shares trading hands.

First Asset Canadian REIT Income Fund Price Performance

The company’s fifty day simple moving average is C$15.70 and its 200 day simple moving average is C$16.53.

First Asset Canadian REIT Income Fund Company Profile

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First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.

Further Reading

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