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Artis Real Estate Investment Trust Unit (TSE:AX.UN) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Artis Real Estate Investment Trust Unit logo with Real Estate background

Artis Real Estate Investment Trust Unit (TSE:AX.UN - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$7.46 and traded as low as C$7.10. Artis Real Estate Investment Trust Unit shares last traded at C$7.21, with a volume of 188,551 shares changing hands.

Artis Real Estate Investment Trust Unit Trading Down 0.4%

The stock has a market cap of C$750.16 million, a PE ratio of -3.25 and a beta of 1.20. The firm has a 50-day simple moving average of C$7.53 and a 200-day simple moving average of C$7.45. The company has a quick ratio of 0.07, a current ratio of 0.78 and a debt-to-equity ratio of 104.62.

Artis Real Estate Investment Trust Unit Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 13th. Investors of record on Friday, June 13th were given a $0.05 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date was Friday, May 30th. Artis Real Estate Investment Trust Unit's dividend payout ratio (DPR) is -27.03%.

About Artis Real Estate Investment Trust Unit

(Get Free Report)

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin.

Further Reading

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