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

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

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

• On Monday, September 16th, Samir Aziz Manji bought 2,500 shares of Artis Real Estate Investment Trust Unit stock. The stock was purchased at an average cost of C$7.85 per share, with a total value of C$19,625.00.

Artis Real Estate Investment Trust Unit Trading Down 1.4 %

Shares of AX.UN opened at C$7.64 on Wednesday. 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 firm has a market cap of C$793.80 million, a P/E ratio of -3.44 and a beta of 1.20. 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 company has a 50 day simple moving average of C$7.94 and a two-hundred day simple moving average of C$7.06.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AX.UN shares. TD Securities increased their target price 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 report on Monday, November 18th. Scotiabank increased their price objective on shares of Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 in a report on Thursday, November 14th.

About Artis Real Estate Investment Trust Unit

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.