Canadian Apartment Properties REIT (TSE:CAR.UN) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Posted by Jeff Wilder on Jun 24th, 2026

Canadian Apartment Properties REIT (TSE:CAR.UN – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$36.67 and traded as low as C$34.17. Canadian Apartment Properties REIT shares last traded at C$34.59, with a volume of 415,625 shares changing hands.

Wall Street Analyst Weigh In

Separately, TD lowered their target price on shares of 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 research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$46.56.

Check Out Our Latest Analysis on Canadian Apartment Properties REIT

Canadian Apartment Properties REIT Trading Up 0.4%

The company has a debt-to-equity ratio of 76.05, a quick ratio of 0.16 and a current ratio of 0.36. The firm has a market capitalization of C$5.32 billion, a P/E ratio of 4,071.99, a PEG ratio of -10.12 and a beta of 0.84. The firm has a 50 day simple moving average of C$35.36 and a two-hundred day simple moving average of C$36.63.

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

About Canadian Apartment Properties REIT

(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.