Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Trading 0.2% Higher – What’s Next?

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) shares rose 0.2% on Thursday . The stock traded as high as C$17.99 and last traded at C$17.99. Approximately 549,603 shares were traded during trading, an increase of 254% from the average daily volume of 155,086 shares. The stock had previously closed at C$17.96.

Minto Apartment Real Estate Invt Trust Stock Performance

The stock’s fifty day simple moving average is C$17.68 and its 200-day simple moving average is C$17.58. The company has a market capitalization of C$659.03 million, a price-to-earnings ratio of -1.83 and a beta of 0.61. The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09.

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) last posted its quarterly earnings data 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%. Analysts predict that Minto Apartment Real Estate Invt Trust will post 1.0174984 EPS for the current year.

Minto Apartment Real Estate Invt Trust Company Profile

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.