Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$10.43 and traded as low as C$10.05. Automotive Properties Real Est Invt TR shares last traded at C$10.06, with a volume of 33,336 shares trading hands.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on APR.UN. TD Securities decreased their price target on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.00 and set a "hold" rating on the stock in a research report on Friday, March 7th. CIBC decreased their target price on Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set an "outperform" rating on the stock in a report on Friday, March 7th. Raymond James cut their price target on Automotive Properties Real Est Invt TR from C$12.75 to C$12.25 and set an "outperform" rating for the company in a report on Friday, March 7th. National Bankshares lowered their price objective on Automotive Properties Real Est Invt TR from C$12.75 to C$12.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. Finally, Scotiabank raised their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Automotive Properties Real Est Invt TR presently has a consensus rating of "Moderate Buy" and an average price target of C$12.61.
Read Our Latest Report on APR.UN
Automotive Properties Real Est Invt TR Stock Down 1.3 %
The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. The stock has a market cap of C$497.86 million, a P/E ratio of 6.68 and a beta of 0.92. The company's 50 day moving average price is C$10.42 and its two-hundred day moving average price is C$11.32.
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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