Plaza Retail REIT (TSE:PLZ.UN) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Plaza Retail REIT (TSE:PLZ.UNGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.71 and traded as low as C$3.60. Plaza Retail REIT shares last traded at C$3.60, with a volume of 28,610 shares.

Plaza Retail REIT Stock Performance

The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The stock has a fifty day simple moving average of C$3.77 and a two-hundred day simple moving average of C$3.71. The firm has a market capitalization of C$397.33 million, a P/E ratio of 36.00 and a beta of 1.08.

About Plaza Retail REIT

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Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.

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