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Artis Real Estate Investment Trust Unit (TSE:AX.UN) Shares Pass Below Two Hundred Day Moving Average - Here's Why

Artis Real Estate Investment Trust Unit logo with Real Estate background

Shares of Artis Real Estate Investment Trust Unit (TSE:AX.UN - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$7.58 and traded as low as C$7.14. Artis Real Estate Investment Trust Unit shares last traded at C$7.20, with a volume of 70,173 shares trading hands.

Artis Real Estate Investment Trust Unit Trading Down 0.7 %

The company has a market cap of C$751.20 million, a P/E ratio of -3.26 and a beta of 1.20. The business's 50-day moving average price is C$7.41 and its 200 day moving average price is C$7.56. The company has a debt-to-equity ratio of 104.62, a quick ratio of 0.07 and a current ratio of 0.78.

Artis Real Estate Investment Trust Unit Company Profile

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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.

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