First Asset Canadian REIT Income Fund (TSE:RIT) Reaches New 52-Week High at $18.20

First Asset Canadian REIT Income Fund (TSE:RIT) reached a new 52-week high on Monday . The stock traded as high as C$18.20 and last traded at C$18.09, with a volume of 1674 shares changing hands. The stock had previously closed at C$18.18.

First Asset Canadian REIT Income Fund Stock Performance

The stock’s 50 day simple moving average is C$16.53 and its 200-day simple moving average is C$15.85.

First Asset Canadian REIT Income Fund Company Profile

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.