BTB Real Estate Investment Trust (TSE:BTB.UN – Get Rating) Director Michel Léonard purchased 12,820 shares of BTB Real Estate Investment Trust stock in a transaction that occurred on Thursday, May 12th. The shares were purchased at an average cost of C$3.88 per share, with a total value of C$49,741.60. Following the transaction, the director now directly owns 315,111 shares of the company’s stock, valued at C$1,222,630.68.
TSE:BTB.UN opened at C$3.96 on Friday. The company has a current ratio of 0.10, a quick ratio of 0.08 and a debt-to-equity ratio of 170.54. BTB Real Estate Investment Trust has a 12 month low of C$3.85 and a 12 month high of C$4.42. The company has a market cap of C$333.99 million and a PE ratio of 6.66. The company has a 50 day simple moving average of C$4.22 and a two-hundred day simple moving average of C$4.11.
Separately, National Bankshares cut their target price on shares of BTB Real Estate Investment Trust from C$4.75 to C$4.60 and set a “sector perform” rating for the company in a research report on Friday.
BTB Real Estate Investment Trust Company Profile (Get Rating)
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 65 retail, office and industrial properties for a total leasable area to date of 5.2 million square feet. The objectives of BTB are: (i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.
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