Artis Real Estate Investment Trust Unit (TSE:AX.UN - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$7.15 and traded as high as C$7.41. Artis Real Estate Investment Trust Unit shares last traded at C$7.30, with a volume of 136,247 shares traded.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. TD Securities boosted their price target on shares of Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 and gave the stock a "hold" rating in a research note on Monday, November 18th. Scotiabank lifted their price target on shares of Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 in a research note on Thursday, November 14th.
Read Our Latest Analysis on Artis Real Estate Investment Trust Unit
Artis Real Estate Investment Trust Unit Price Performance
The company has a debt-to-equity ratio of 104.62, a current ratio of 0.78 and a quick ratio of 0.07. The company has a market capitalization of C$766.78 million, a P/E ratio of -3.33 and a beta of 1.20. The firm's 50-day moving average is C$7.87 and its 200-day moving average is C$7.15.
Insider Buying and Selling at Artis Real Estate Investment Trust Unit
In other Artis Real Estate Investment Trust Unit news, Director Mazhar H. (Mike) Shaikh acquired 3,200 shares of the stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average price of C$20.90 per share, with a total value of C$66,880.00. Also, Director Salim Manji acquired 6,000 shares of the firm's stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of C$7.93 per share, with a total value of C$47,565.00. Insiders bought a total of 14,200 shares of company stock worth $153,845 over the last three months. Corporate insiders own 17.67% of the company's stock.
Artis Real Estate Investment Trust Unit Company Profile
(
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Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.
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