Slate Office REIT (TSE:SOT.UN) Trading Up 1.3% – What’s Next?

by · The Markets Daily

Slate Office REIT (TSE:SOT.UN – Get Free Report) traded up 1.3% during trading on Tuesday . The company traded as high as C$0.41 and last traded at C$0.41. 21,716 shares traded hands during trading, a decline of 75% from the average session volume of 85,980 shares. The stock had previously closed at C$0.40.

Slate Office REIT Stock Performance

The company’s fifty day simple moving average is C$0.54 and its two-hundred day simple moving average is C$0.44. The company has a market capitalization of C$32.15 million, a price-to-earnings ratio of -0.12 and a beta of 1.35. The company has a debt-to-equity ratio of 329.26, a quick ratio of 0.14 and a current ratio of 0.47.

Slate Office REIT Company Profile

(Get Free Report)

Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.

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