Artis Real Estate Investment Trust Unit (TSE:AX.UN) Sets New 12-Month High at $19.80

Artis Real Estate Investment Trust Unit (TSE:AX.UN) shares reached a new 52-week high on Thursday . The company traded as high as C$19.80 and last traded at C$6.68, with a volume of 76706 shares changing hands. The stock had previously closed at C$6.76.

Analyst Upgrades and Downgrades

Separately, Scotiabank upped their price target on shares of Artis Real Estate Investment Trust Unit from C$6.50 to C$7.00 in a research note on Monday, May 6th.

Artis Real Estate Investment Trust Unit Stock Down 1.2 %

The company has a current ratio of 1.00, a quick ratio of 0.07 and a debt-to-equity ratio of 112.94. The company has a market capitalization of C$708.48 million, a price-to-earnings ratio of -2.27 and a beta of 1.09. The firm’s 50-day moving average price is C$6.49 and its 200 day moving average price is C$6.41.

Artis Real Estate Investment Trust Unit Company Profile

Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States.