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

Artis Real Estate Investment Trust Unit (TSE:AX.UN - Get Free Report) Director Salim Manji acquired 2,500 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average price of C$8.05 per share, for a total transaction of C$20,125.00.

Salim Manji also recently made the following trade(s):

  • On Friday, September 27th, Salim Manji acquired 6,000 shares of Artis Real Estate Investment Trust Unit stock. The shares were bought at an average price of C$7.93 per share, for a total transaction of C$47,565.00.

Artis Real Estate Investment Trust Unit Trading Up 1.9 %

Shares of TSE:AX.UN opened at C$8.22 on Friday. Artis Real Estate Investment Trust Unit has a 12-month low of C$5.51 and a 12-month high of C$8.22. The company has a market cap of C$854.06 million, a PE ratio of -3.70 and a beta of 1.20. The stock has a 50 day moving average of C$7.29 and a 200 day moving average of C$6.73. The company has a current ratio of 0.78, a quick ratio of 0.07 and a debt-to-equity ratio of 104.62.

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 research report on Wednesday, September 4th.

Get Our Latest Stock Analysis on AX.UN

Artis Real Estate Investment Trust Unit Company Profile

(Get Free Report)


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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.

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