Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Sets New 52-Week High – Here’s What Happened

Shares of Minto Apartment Real Estate Invt Trust (TSE:MI.UNGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$17.75 and last traded at C$17.75, with a volume of 56879 shares trading hands. The stock had previously closed at C$17.45.

Minto Apartment Real Estate Invt Trust Stock Up 0.1%

The company has a market cap of C$652.43 million, a P/E ratio of -1.81 and a beta of 0.61. The company has a quick ratio of 0.04, a current ratio of 1.11 and a debt-to-equity ratio of 101.09. The business’s 50 day moving average is C$17.49 and its 200 day moving average is C$17.09.

Minto Apartment Real Estate Invt Trust (TSE:MI.UNGet Free Report) last posted its earnings results on Monday, May 11th. The company reported C($2.77) earnings per share for the quarter. The company had revenue of C$39.41 million for the quarter. Minto Apartment Real Estate Invt Trust had a negative return on equity of 3.19% and a negative net margin of 22.43%. As a group, equities analysts anticipate that Minto Apartment Real Estate Invt Trust will post 1.0174984 earnings per share for the current fiscal year.

About Minto Apartment Real Estate Invt Trust

(Get Free Report)

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, Calgary and Vancouver.

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