Artis Real Estate Investment Trust Unit (TSE:AX.UN – Get Free Report)’s share price reached a new 52-week high on Thursday after TD Securities raised their price target on the stock from C$6.50 to C$7.00. TD Securities currently has a hold rating on the stock. Artis Real Estate Investment Trust Unit traded as high as C$7.58 and last traded at C$7.53, with a volume of 13740 shares traded. The stock had previously closed at C$7.49.
Artis Real Estate Investment Trust Unit Trading Down 0.3 %
The stock has a 50-day moving average of C$6.71 and a 200 day moving average of C$6.45. The company has a quick ratio of 0.07, a current ratio of 0.78 and a debt-to-equity ratio of 104.62. The stock has a market cap of C$780.62 million, a PE ratio of -3.33 and a beta of 1.17.
About Artis Real Estate Investment Trust Unit
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.
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