Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Purchases C$19,275.00 in Stock

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Director Samir Aziz Manji acquired 2,500 shares of Artis Real Estate Investment Trust Unit stock in a transaction on Friday, November 22nd. The shares were bought at an average cost of C$7.71 per share, for a total transaction 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 shares were purchased at an average price of C$7.85 per share, for a total transaction of C$19,625.00.

Artis Real Estate Investment Trust Unit Stock Performance

AX.UN opened at C$7.78 on Friday. The company’s 50 day moving average is C$7.94 and its 200 day moving average is C$7.08. The company has a current ratio of 0.78, a quick ratio of 0.07 and a debt-to-equity ratio of 104.62. The company has a market cap of C$808.34 million, a price-to-earnings ratio of -3.50 and a beta of 1.20. Artis Real Estate Investment Trust Unit has a 12-month low of C$5.51 and a 12-month high of C$8.38.

Wall Street Analyst Weigh In

AX.UN has been the subject of a number of recent research reports. Scotiabank lifted their price target on shares of Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 in a research report on Thursday, November 14th. TD Securities increased their price objective on shares of Artis Real Estate Investment Trust Unit from C$7.00 to C$7.50 and gave the company a “hold” rating in a research report on Monday, November 18th.

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.