Insider Buying: BTB Real Estate Investment Trust (TSE:BTB.UN) Director Buys C$30,115.00 in Stock

BTB Real Estate Investment Trust (TSE:BTB.UN) Director Sylvie Lachance purchased 9,500 shares of the company’s stock in a transaction dated Thursday, April 25th. The shares were acquired at an average price of C$3.17 per share, with a total value of C$30,115.00.

BTB Real Estate Investment Trust Stock Performance

TSE:BTB.UN opened at C$3.14 on Thursday. The business has a 50 day moving average of C$3.12 and a 200 day moving average of C$3.02. The company has a market capitalization of C$272.27 million, a price-to-earnings ratio of 7.48 and a beta of 1.47. BTB Real Estate Investment Trust has a 1-year low of C$2.71 and a 1-year high of C$3.39. The company has a debt-to-equity ratio of 152.05, a current ratio of 0.08 and a quick ratio of 0.17.

Analyst Upgrades and Downgrades

Separately, National Bankshares dropped their price target on BTB Real Estate Investment Trust from C$3.15 to C$3.05 and set a “sector perform” rating for the company in a research report on Wednesday, April 24th.

About BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 65 retail, office and industrial properties for a total leasable area to date of 5.2 million square feet. The objectives of BTB are: (i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.