WPT Industrial Real Estate Investment (TSE:WIR.U)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.22 and traded as low as $12.55. WPT Industrial Real Estate Investment shares last traded at $12.65, with a volume of 30,893 shares changing hands.
WIR.U has been the subject of several research analyst reports. Royal Bank of Canada upped their price target on shares of WPT Industrial Real Estate Investment from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Scotiabank upped their price target on shares of WPT Industrial Real Estate Investment from C$12.75 to C$13.75 in a report on Wednesday, June 17th.
The company has a debt-to-equity ratio of 122.20, a current ratio of 0.55 and a quick ratio of 0.46. The company’s 50-day simple moving average is C$13.14 and its 200-day simple moving average is C$13.22. The stock has a market capitalization of $1.03 billion and a P/E ratio of 7.08.
WPT Industrial Real Estate Investment Company Profile (TSE:WIR.U)
WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed for the purpose of acquiring, developing, managing and owning primarily industrial investment properties located in the United States, with a particular focus on warehouse and distribution industrial real estate.
Featured Story: Oversold
Receive News & Ratings for WPT Industrial Real Estate Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPT Industrial Real Estate Investment and related companies with MarketBeat.com's FREE daily email newsletter.