H&R Real Estate Investment Trust (TSE:HR.UN) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

H&R Real Estate Investment Trust (TSE:HR.UN) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.61 and traded as high as C$11.02. H&R Real Estate Investment Trust shares last traded at C$10.89, with a volume of 518,112 shares.

Analysts Set New Price Targets

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 research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$12.00.

H&R Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19. The stock’s fifty day moving average is C$11.00 and its 200-day moving average is C$10.61. The stock has a market cap of C$2.71 billion, a PE ratio of -3.48 and a beta of 0.57.

H&R Real Estate Investment Trust (TSE:HR.UN) last released its quarterly earnings data on Wednesday, August 12th. The real estate investment trust reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$169.78 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%. As a group, equities analysts anticipate that H&R Real Estate Investment Trust will post 1.3814956 EPS for the current year.

About H&R Real Estate Investment Trust

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.