Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$10.99 and traded as low as C$10.63. Automotive Properties Real Est Invt TR shares last traded at C$10.70, with a volume of 12,567 shares.
Analysts Set New Price Targets
Several equities research analysts have commented on APR.UN shares. Scotiabank upped their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a report on Wednesday, November 20th. National Bankshares set a C$13.00 target price on Automotive Properties Real Est Invt TR and gave the stock an "outperform" rating in a research note on Friday, December 20th. Raymond James reduced their price target on Automotive Properties Real Est Invt TR from C$13.75 to C$12.75 in a research report on Monday, January 13th. BMO Capital Markets upped their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 in a research report on Monday, October 28th. Finally, TD Securities lifted their target price on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the company a "hold" rating in a report on Friday, November 15th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$12.97.
Check Out Our Latest Stock Analysis on APR.UN
Automotive Properties Real Est Invt TR Price Performance
The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The stock's 50-day moving average is C$10.97 and its two-hundred day moving average is C$11.37. The stock has a market cap of C$537.10 million, a PE ratio of 7.20 and a beta of 0.92.
About Automotive Properties Real Est Invt TR
(
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Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.
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