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Automotive Properties Real Est Invt TR (TSE:APR.UN) Shares Pass Below Fifty Day Moving Average - Should You Sell?

Automotive Properties Real Est Invt TR logo with Real Estate background
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Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$12.15 and traded as low as C$11.85. Automotive Properties Real Est Invt TR shares last traded at C$11.86, with a volume of 27,153 shares.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. TD increased their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the stock a "hold" rating in a report on Friday, May 15th. Royal Bank Of Canada upped their price target on shares of 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 equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$12.88.

Get Our Latest Research Report on Automotive Properties Real Est Invt TR

Automotive Properties Real Est Invt TR Price Performance

The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The stock has a market capitalization of C$654.59 million, a PE ratio of 10.56 and a beta of 0.66. The stock's 50 day moving average is C$12.15 and its two-hundred day moving average is C$11.86.

Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.27 EPS for the quarter. Automotive Properties Real Est Invt TR had a return on equity of 11.73% and a net margin of 76.20%.The firm had revenue of C$30.21 million during the quarter. On average, equities analysts anticipate that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current fiscal year.

About Automotive Properties Real Est Invt TR

(Get Free Report)

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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