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

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Samir Aziz Manji bought 2,500 shares of the stock in a transaction on Friday, November 22nd. The stock was acquired at an average cost of C$7.71 per share, for a total transaction of C$19,275.00.

Samir Aziz Manji also recently made the following trade(s):

• On Monday, September 16th, Samir Aziz Manji acquired 2,500 shares of Artis Real Estate Investment Trust Unit stock. 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 Stock Performance

Shares of Artis Real Estate Investment Trust Unit stock traded down C$0.13 during trading on Tuesday, hitting C$7.62. 135,266 shares of the company’s stock traded hands, compared to its average volume of 171,796. Artis Real Estate Investment Trust Unit has a 1 year low of C$5.51 and a 1 year high of C$8.38. The stock has a market capitalization of C$791.72 million, a P/E ratio of -3.46 and a beta of 1.20. The company has a debt-to-equity ratio of 104.62, a current ratio of 0.78 and a quick ratio of 0.07. The business has a 50-day simple moving average of C$7.94 and a 200-day simple moving average of C$7.06.

Analyst Upgrades and Downgrades

AX.UN has been the subject of a number of recent research reports. TD Securities increased their price objective on shares of Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 and gave the stock a “hold” rating in a research note on Monday, November 18th. Scotiabank increased their price target on Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 in a report on Thursday, November 14th.

Artis Real Estate Investment Trust Unit Company Profile

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis’s vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.