SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) to a hold rating in a research report sent to investors on Friday, Zacks.com reports.

SmartCentres Real Estate Investment Trust Price Performance

Shares of SmartCentres Real Estate Investment Trust stock opened at $17.55 on Friday. SmartCentres Real Estate Investment Trust has a 52 week low of $14.98 and a 52 week high of $19.24. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.69. The stock has a market cap of $3.13 billion, a PE ratio of 12.72 and a beta of 1.11. The company’s 50-day moving average price is $16.71 and its two-hundred day moving average price is $17.43.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $161.15 million during the quarter. SmartCentres Real Estate Investment Trust had a net margin of 40.05% and a return on equity of 5.29%.

About SmartCentres Real Estate Investment Trust

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.