Shares of Slate Office REIT (TSE:SOT.UN – Get Free Report) shot up 26.8% on Friday . The company traded as high as C$0.52 and last traded at C$0.52. 557,754 shares were traded during mid-day trading, an increase of 535% from the average session volume of 87,894 shares. The stock had previously closed at C$0.41.
Slate Office REIT Stock Up 34.1 %
The company has a quick ratio of 0.14, a current ratio of 0.47 and a debt-to-equity ratio of 329.26. The business has a 50-day simple moving average of C$0.51 and a 200-day simple moving average of C$0.44. The stock has a market cap of C$44.21 million, a P/E ratio of -0.17 and a beta of 1.35.
Slate Office REIT Company Profile
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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