Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$12.18 and traded as low as C$12.06. Automotive Properties Real Est Invt TR shares last traded at C$12.19, with a volume of 40,998 shares.
Analyst Ratings Changes
APR.UN has been the subject of several research analyst reports. TD raised their target price on Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the company a "hold" rating in a research report on Friday, May 15th. Royal Bank Of Canada upped their price objective on Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the company an "outperform" rating in a research note on Tuesday, August 18th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$12.88.
Get Our Latest Stock Report on APR.UN
Automotive Properties Real Est Invt TR Stock Performance
The company has a market capitalization of C$672.80 million, a P/E ratio of 10.85 and a beta of 0.78. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. The company's 50-day moving average is C$12.18 and its two-hundred day moving average is C$11.84.
Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported C$0.27 EPS for the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%. The business had revenue of C$30.21 million during the quarter. Equities analysts anticipate that Automotive Properties Real Est Invt TR will post 1.0136327 earnings per share for the current fiscal year.
About Automotive Properties Real Est Invt TR
(
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Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT's portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.
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