Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF – Get Free Report) shares rose 0.6% during trading on Wednesday . The stock traded as high as C$8.50 and last traded at C$8.50. Approximately 45,953 shares traded hands during mid-day trading, an increase of 1,024% from the average session volume of 4,088 shares. The stock had previously closed at C$8.45.
Automotive Properties Real Estate Investment Trust Stock Performance
The business has a 50-day moving average of C$8.78 and a two-hundred day moving average of C$8.45.
Automotive Properties Real Estate Investment Trust Company Profile
Automotive Properties Real Estate Investment Trust is a Canada-based real estate investment trust focused on owning and managing automotive-related commercial properties. Established in 2016, the trust acquires, leases and operates a diversified portfolio of properties that support the automotive industry, including dealership showrooms, parts distribution centers, service and collision repair facilities, as well as ancillary warehousing and logistics sites.
The trust’s core business activities involve sourcing high-quality assets in strategic locations, negotiating long-term triple-net leases with leading automotive brands and managing those properties to maintain and enhance their value.
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