Automotive Properties Real Est Invt TR (TSE:APR.UN) Hits New 1-Year Low at $10.14

Automotive Properties Real Est Invt TR (TSE:APR.UN) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$10.14 and last traded at C$10.34, with a volume of 27154 shares traded. The stock had previously closed at C$10.36.

Analyst Ratings Changes

A number of brokerages have commented on APR.UN. Desjardins decreased their price objective on Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set a “hold” rating for the company in a research report on Wednesday, August 16th. National Bankshares decreased their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$12.00 in a research note on Tuesday, July 18th. Finally, TD Securities decreased their target price on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 in a research note on Wednesday, July 5th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$12.62.

Automotive Properties Real Est Invt TR Stock Down 0.1 %

The firm has a market cap of C$411.21 million, a price-to-earnings ratio of 6.82 and a beta of 0.93. The business’s 50-day moving average is C$11.28 and its 200-day moving average is C$11.50. The company has a debt-to-equity ratio of 119.67, a quick ratio of 0.02 and a current ratio of 0.97.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.