First Asset Canadian REIT Income Fund (TSE:RIT) Stock Passes Above 50-Day Moving Average – Should You Sell?

First Asset Canadian REIT Income Fund (TSE:RITGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$15.73 and traded as high as C$15.75. First Asset Canadian REIT Income Fund shares last traded at C$15.31, with a volume of 29,499 shares trading hands.

First Asset Canadian REIT Income Fund Price Performance

The business has a 50 day moving average of C$15.73 and a 200 day moving average of C$16.26. The firm has a market capitalization of C$433.70 million and a price-to-earnings ratio of -93.06.

About First Asset Canadian REIT Income Fund

(Get Free Report)

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.

Read More

Receive News & Ratings for First Asset Canadian REIT Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Asset Canadian REIT Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.