Canadian Apartment Properties REIT (TSE:CAR.UN) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jul 16th, 2026

Shares of Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$36.50 and traded as low as C$35.05. Canadian Apartment Properties REIT shares last traded at C$35.23, with a volume of 530,830 shares.

Wall Street Analyst Weigh In

Separately, TD cut their price target on Canadian Apartment Properties REIT from C$46.00 to C$45.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$46.56.

Read Our Latest Analysis on CAR.UN

Canadian Apartment Properties REIT Stock Performance

The company has a market capitalization of C$5.40 billion, a price-to-earnings ratio of 4,130.61, a P/E/G ratio of -10.12 and a beta of 0.81. The company has a 50 day moving average price of C$34.90 and a 200 day moving average price of C$36.50. The company has a debt-to-equity ratio of 76.05, a quick ratio of 0.16 and a current ratio of 0.36.

Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported C($1.19) earnings per share for the quarter. The firm had revenue of C$247.90 million for the quarter. Canadian Apartment Properties REIT had a negative return on equity of 1.08% and a negative net margin of 4.95%.

Canadian Apartment Properties REIT Company Profile

(Get Free Report)

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company’s real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT’s holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants.