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Samir Aziz Manji Buys 2,500 Shares of Artis Real Estate Investment Trust Unit (TSE:AX.UN)

Artis Real Estate Investment Trust Unit (TSE:AX.UN – Get Your Free Report ) Director Samir Aziz Manji purchased 2,500 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was bought at an average price of $7.85 per share, for a total transaction of $19,625.00.

Real estate investment trust stock Artis fell 0.9%

Artis Real Estate Investment Trust Unit stock traded down $0.07 during mid-day trading on Friday, hitting $7.81. The stock had a trading volume of 945,277 shares, compared to its average volume of 174,668. The stock’s 50-day simple moving average is $6.93, and its 200-day simple moving average is $6.55. Artis Real Estate Investment Trust Unit has a fifty-two week low of $5.51 and a fifty-two week high of $8.05. The firm has a market cap of $816.15 million, a PE ratio of -3.52 and a beta of 1.18. The company has a debt-to-equity ratio of 104.62, a quick ratio of 0.07, and a current ratio of 0.78.

Analyst upgrades and downgrades

Separately, TD Securities upped their price objective on shares of Artis Real Estate Investment Trust Unit from $6.50 to $7.00 and gave the company a “hold” rating in a research note on Wednesday, 4 September.

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Artis Real Estate Investment Trust Unit Company Profile

(Get a free report)

Artis is a diversified Canadian real estate investment trust that invests in office, retail and industrial properties. Since 2004, Artis has executed an aggressive yet 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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