Tricon Residential (TSE:TCN) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Tricon Residential Inc. (TSE:TCNGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$15.57. Tricon Residential shares last traded at C$15.34, with a volume of 177,017 shares trading hands.

Tricon Residential Stock Performance

The stock has a market capitalization of C$4.18 billion, a PE ratio of 27.39 and a beta of 1.47. The stock has a 50-day moving average of C$15.33. The company has a current ratio of 0.49, a quick ratio of 0.32 and a debt-to-equity ratio of 157.17.

Tricon Residential Company Profile

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Tricon Residential Inc (NYSE: TCN, TSX: TCN) is an owner, operator and developer of a growing portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Toronto, Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy.

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