Shares of Slate Office REIT (TSE:SOT.UN – Get Free Report) rose 36.6% during trading on Friday . The stock traded as high as C$0.60 and last traded at C$0.56. Approximately 675,275 shares were traded during mid-day trading, an increase of 663% from the average daily volume of 88,530 shares. The stock had previously closed at C$0.41.
Slate Office REIT Trading Up 36.6 %
The stock has a market capitalization of C$45.01 million, a PE ratio of -0.17 and a beta of 1.35. The company has a current ratio of 0.47, a quick ratio of 0.14 and a debt-to-equity ratio of 329.26. The company has a 50 day simple moving average of C$0.51 and a 200 day simple moving average of C$0.44.
About Slate Office REIT
Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.
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