Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Posted by Stephan Jacobs on Mar 26th, 2025

Choice Properties Real Est Invstmnt Trst (TSE:CHP.UN – Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$13.97 and traded as low as C$13.81. Choice Properties Real Est Invstmnt Trst shares last traded at C$13.82, with a volume of 420,076 shares.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CHP.UN. National Bankshares set a C$15.50 price target on Choice Properties Real Est Invstmnt Trst and gave the stock a “sector perform” rating in a research note on Friday, December 20th. Scotiabank reduced their target price on Choice Properties Real Est Invstmnt Trst from C$16.00 to C$15.50 in a research note on Thursday, January 30th. Finally, Raymond James dropped their price target on Choice Properties Real Est Invstmnt Trst from C$16.50 to C$16.00 in a research report on Monday, January 13th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$15.81.

Check Out Our Latest Stock Report on CHP.UN

Choice Properties Real Est Invstmnt Trst Stock Performance

The company has a market capitalization of C$4.49 billion, a price-to-earnings ratio of 15.39 and a beta of 0.67. The company has a current ratio of 0.70, a quick ratio of 0.13 and a debt-to-equity ratio of 249.71. The stock has a 50-day simple moving average of C$13.53 and a 200-day simple moving average of C$13.97.

Choice Properties Real Est Invstmnt Trst Company Profile

(Get Free Report)

Choice Properties Real Estate Investment Trust invests in, manages, and develops retail and commercial properties across Canada. The company’s portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick.