(CRR-UN) Crombie Real Estate - Ratings and Ratios

Crombie Real Estate Investment Trust (CRR-UN) is a Canadian REIT that specializes in acquiring, owning, and developing high-quality income-producing properties that contribute to the vibrancy of local communities. With a strategic focus on grocery-anchored retail, retail-related industrial, and mixed-use residential properties, Crombie has established itself as a leading player in the Canadian real estate market. As of December 31, 2023, the trusts portfolio encompasses 304 properties, totaling approximately 19.2 million square feet, including its share of joint ventures, along with a robust pipeline of development projects aimed at driving future growth. Crombies approach emphasizes long-term sustainability and community enrichment, ensuring its assets remain relevant and valuable over time. For more information, visit their website at https://www.crombie.ca.

Over the next three months, Crombie Real Estate Investment Trust (CRR-UN) is expected to demonstrate stable performance, supported by its diversified portfolio and strategic focus on essential retail and industrial assets. Based on the technical data, the stock is trading above its 20, 50, and 200-day moving averages, indicating positive momentum, with an average true range (ATR) of 0.35 suggesting manageable volatility. The last price of 14.42 is slightly above the 20-day SMA of 14.27, signaling potential short-term strength. From a fundamental perspective, Crombies forward P/E of 23.09 reflects expectations of continued growth, though the current P/B ratio of 1.45 indicates assets are fairly valued relative to book value. With a market capitalization of 2687.71M CAD and a price-to-sales ratio of 5.67, the trust is well-positioned to capitalize on its development pipeline and maintain its position in the Canadian REIT sector.