Summit Industrial Income REIT is an unincorporated open-end REIT focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.
Research context
Summit Industrial Income REIT appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Real Estate
- Industry
- REIT - Industrial
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Summit Industrial Income REIT is currently in a long term uptrend where the price is trading 26.4% above its 200 day moving average.
From a valuation standpoint, the stock is 80.7% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 10.9.
Summit Industrial Income REIT's total revenue rose by 24.3% to $51M since the same quarter in the previous year.
Its net income has increased by 44.1% to $96M since the same quarter in the previous year.
Finally, its free cash flow fell by 16.1% to $25M since the same quarter in the previous year.
Based on the above factors, Summit Industrial Income REIT gets an overall score of 4/5.