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martCentres Real Estate Investment Trst (TSE:SRU.UN) shares fell below their 50-day moving average on Friday, trading as low as C$25.55 and closing at C$25.90 with a volume of 285,169 shares. The stock's 50-day moving average is C$25.58.
Analysts have recently updated their price targets for SRU.UN. Scotiabank raised its target from C$26.00 to C$26.75 on May 12th, while National Bankshares boosted its target from C$24.00 to C$25.00 and assigned a "sector perform" rating on May 22nd.
SmartCentres Real Estate Investment Trst has a market cap of C$3.75 billion and a P/E ratio of 15.79. The company owns and manages 34 million square feet of retail space in Canada, primarily through value-oriented retail centres anchored by Walmart.
Key statistics for the company include a current ratio of 0.17, a quick ratio of 0.10, and a debt-to-equity ratio of 80.88. Its 200-day moving average price is C$25.15.
