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

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

Artis Real Estate Investment Trust Unit Stock Down 0.9 %

Artis Real Estate Investment Trust Unit stock traded down C$0.07 during mid-day trading on Friday, reaching C$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 C$6.93 and its 200-day simple moving average is C$6.55. Artis Real Estate Investment Trust Unit has a fifty-two week low of C$5.51 and a fifty-two week high of C$8.05. The firm has a market capitalization of C$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 raised their price objective on shares of Artis Real Estate Investment Trust Unit from C$6.50 to C$7.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th.

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.