Artis Real Estate Investment Trust Unit (TSE:AX.UN) Shares Cross Below Two Hundred Day Moving Average of $6.41

Artis Real Estate Investment Trust Unit (TSE:AX.UN) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.41 and traded as low as C$6.32. Artis Real Estate Investment Trust Unit shares last traded at C$6.41, with a volume of 101,842 shares.

Analyst Ratings Changes

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

Artis Real Estate Investment Trust Unit Trading Up 0.5 %

The company has a debt-to-equity ratio of 112.94, a current ratio of 1.00 and a quick ratio of 0.07. The firm has a market capitalization of C$679.84 million, a PE ratio of -2.15 and a beta of 1.09. The company’s fifty day simple moving average is C$6.47 and its 200-day simple moving average 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.