Allied Properties Real Estate Investment Trust (TSE:AP.UN) Issues Quarterly Earnings Results

Allied Properties Real Estate Investment Trust (TSE:AP.UN) released its earnings results on Wednesday. The real estate investment trust reported C$0.13 earnings per share for the quarter, reports. Allied Properties Real Estate Investment Trust had a negative return on equity of 8.01% and a negative net margin of 89.93%. The firm had revenue of C$138.12 million for the quarter.

Allied Properties Real Estate Investment Trust Trading Down 18.9%

AP.UN stock opened at C$4.32 on Friday. The company’s 50-day simple moving average is C$7.20 and its 200 day simple moving average is C$9.62. The company has a market capitalization of C$845.70 million, a PE ratio of -0.34 and a beta of 0.96. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45. Allied Properties Real Estate Investment Trust has a 52 week low of C$3.62 and a 52 week high of C$17.17.

Allied Properties Real Estate Investment Trust Company Profile

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.