CT Real Estate Investment Trust (OTCMKTS:CTRRF) Shares Up 0.3% – Here’s What Happened

Shares of CT Real Estate Investment Trust (OTCMKTS:CTRRF) were up 0.3% during mid-day trading on Monday . The stock traded as high as $12.9250 and last traded at $12.9250. 87,162 shares changed hands during trading, an increase of 148% from the average session volume of 35,174 shares. The stock had previously closed at $12.89.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CTRRF shares. Scotiabank reiterated a “sector perform” rating on shares of CT Real Estate Investment Trust in a report on Wednesday, May 13th. TD Securities reiterated a “hold” rating on shares of CT Real Estate Investment Trust in a research report on Wednesday, May 13th. BMO Capital Markets restated a “market perform” rating on shares of CT Real Estate Investment Trust in a report on Friday, May 15th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of CT Real Estate Investment Trust in a report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

CT Real Estate Investment Trust Stock Up 0.3%

The company has a 50 day moving average of $13.02 and a 200-day moving average of $12.72.

CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust (OTCMKTS: CTRRF) is a Canadian real estate investment trust focused on owning, leasing and managing a diversified portfolio of predominantly retail and mixed-use properties across Canada. Established in 2013 as a spin-off from Canadian Tire Corporation, the Trust’s holdings include automotive service centres, flagship Canadian Tire and affiliated retail stores, distribution and logistics facilities, as well as properties leased to select third-party retailers.

The Trust employs a long-term, net‐lease strategy designed to generate stable and predictable rental income.