Fronsac Real Estate Investment Trust (CVE:FRO.UN) Trading Up 1.9% – Here’s Why

Shares of Fronsac Real Estate Investment Trust (CVE:FRO.UN) were up 1.9% during trading on Wednesday . The stock traded as high as C$8.00 and last traded at C$7.90. 4,368 shares traded hands during trading, a decline of 47% from the average daily volume of 8,302 shares. The stock had previously closed at C$7.75.

Fronsac Real Estate Investment Trust Price Performance

The firm’s fifty day simple moving average is C$7.90 and its 200-day simple moving average is C$7.90. The firm has a market capitalization of C$137.79 million and a PE ratio of 21.58. The company has a quick ratio of 0.04, a current ratio of 0.11 and a debt-to-equity ratio of 129.78.

Fronsac Real Estate Investment Trust Company Profile

Fronsac Real Estate Investment Trust is an open-ended trust that acquires and owns high quality triple net and management-free commercial real estate properties.