H&R Real Estate Investment Trust (HR.UN) Hits New 52-Week High at $22.89

H&R Real Estate Investment Trust (TSE:HR.UN) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$22.89 and last traded at C$22.63, with a volume of 179297 shares changing hands. The stock had previously closed at C$22.73.

Separately, National Bank Financial upped their price objective on H&R Real Estate Investment Trust from C$25.00 to C$26.50 in a research note on Wednesday, November 28th.

The firm has a market capitalization of $6.46 billion and a PE ratio of 10.88. The company has a quick ratio of 0.17, a current ratio of 0.56 and a debt-to-equity ratio of 92.77.

In other H&R Real Estate Investment Trust news, insider Laurence A. Lebovic sold 5,000 shares of the stock in a transaction that occurred on Thursday, December 20th. The stock was sold at an average price of C$21.05, for a total transaction of C$105,269.00.

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About H&R Real Estate Investment Trust (TSE:HR.UN)

H&R REIT is one of Canada's largest fully internalized real estate investment trusts with total assets of approximately $14.2 billion at September 30, 2018. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 41 million square feet.

See Also: How Do You Calculate Return on Investment (ROI)?

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