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

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Samir Aziz Manji bought 2,500 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was bought at an average price of C$7.85 per share, with a total value of C$19,625.00.

Artis Real Estate Investment Trust Unit Price Performance

The company’s fifty day moving average price is C$6.93 and its 200-day moving average price is C$6.55. The company 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 52 week low of C$5.51 and a 52 week high of C$8.05. The company has a debt-to-equity ratio of 104.62, a current ratio of 0.78 and a quick ratio of 0.07.

Wall Street Analyst Weigh In

Separately, TD Securities increased their price objective on shares of Artis Real Estate Investment Trust Unit from C$6.50 to C$7.00 and gave the company a “hold” rating in a report 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.