Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF – Get Free Report) rose 1% on Tuesday . The company traded as high as $25.45 and last traded at $25.41. Approximately 20,589 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 24,103 shares. The stock had previously closed at $25.17.
Canadian Apartment Properties Real Estate Investment Trust Stock Up 1.0%
The stock has a 50 day simple moving average of $25.87 and a two-hundred day simple moving average of $26.78.
About Canadian Apartment Properties Real Estate Investment Trust
Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS: CDPYF) is one of Canada’s largest publicly traded real estate investment trusts, specializing in the acquisition, ownership and management of residential rental properties. Founded in 1996 and headquartered in Toronto, the trust focuses on delivering stable and growing distributions through investments in multi-family apartment buildings, townhome complexes and manufactured home communities.
CAPREIT’s portfolio spans major metropolitan and regional markets across Canada, including Ontario, Quebec, British Columbia, Alberta and Manitoba.
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