Insider Buying: Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Buys C$19,625.00 in 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 Monday, September 16th. The shares were bought at an average cost of C$7.85 per share, for a total transaction of C$19,625.00.

Artis Real Estate Investment Trust Unit Stock Performance

The firm has a market capitalization of C$828.08 million, a PE ratio of -3.52 and a beta of 1.18. Artis Real Estate Investment Trust Unit has a twelve month low of C$5.51 and a twelve month high of C$8.05. The business’s fifty day simple moving average is C$6.93 and its two-hundred day simple moving average is C$6.55. The company has a quick ratio of 0.07, a current ratio of 0.78 and a debt-to-equity ratio of 104.62.

Wall Street Analyst Weigh In

Separately, TD Securities upped their price objective on Artis Real Estate Investment Trust Unit from C$6.50 to C$7.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th.

Artis Real Estate Investment Trust Unit Company Profile

Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States.