Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Acquires C$19,625.00 in Stock

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Samir Aziz Manji bought 2,500 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was purchased at an average price of C$7.85 per share, with a total value of C$19,625.00.

Artis Real Estate Investment Trust Unit Trading Down 0.9 %

AX.UN traded down C$0.07 during trading on Friday, hitting C$7.81. 945,277 shares of the company’s stock were exchanged, compared to its average volume of 174,668. The stock has a 50 day moving average price of C$6.93 and a 200 day moving average price of C$6.55. The firm has a market cap of C$816.15 million, a P/E ratio of -3.52 and a beta of 1.18. The company has a current ratio of 0.78, a quick ratio of 0.07 and a debt-to-equity ratio of 104.62. Artis Real Estate Investment Trust Unit has a 1 year low of C$5.51 and a 1 year high of C$8.05.

Analyst Ratings Changes

Separately, TD Securities raised their target price on Artis Real Estate Investment Trust Unit from C$6.50 to C$7.00 and gave the company a “hold” rating in a report on Wednesday, September 4th.

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.