Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF – Get Free Report)’s stock price dropped 5.9% on Friday . The company traded as low as C$8.15 and last traded at C$8.19. Approximately 5,722 shares changed hands during mid-day trading, an increase of 154% from the average daily volume of 2,251 shares. The stock had previously closed at C$8.70.
Automotive Properties Real Estate Investment Trust Stock Performance
The firm’s 50 day moving average is C$8.91 and its 200-day moving average is C$8.08.
About Automotive Properties Real Estate Investment Trust
Automotive Properties REIT is an internally managed, 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 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.
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