Shares of WPT Industrial Real Estate Investment (TSE:WIR.U) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.87 and traded as high as $14.92. WPT Industrial Real Estate Investment shares last traded at $14.73, with a volume of 10,778 shares.
Separately, CIBC increased their target price on WPT Industrial Real Estate Investment from C$14.50 to C$15.00 in a report on Friday, November 13th.
The firm has a 50 day simple moving average of C$13.87 and a two-hundred day simple moving average of C$13.35. The company has a debt-to-equity ratio of 113.06, a current ratio of 0.48 and a quick ratio of 0.42. The stock has a market cap of C$1.23 billion and a price-to-earnings ratio of 6.04.
About WPT Industrial Real Estate Investment (TSE:WIR.U)
WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed for the purpose of acquiring, developing, managing and owning primarily industrial investment properties located in the United States, with a particular focus on warehouse and distribution industrial real estate.
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