Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Sets New 52-Week High – Here’s What Happened

Minto Apartment Real Estate Invt Trust (TSE:MI.UN)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$17.98 and last traded at C$17.95, with a volume of 44332 shares changing hands. The stock had previously closed at C$17.85.

Minto Apartment Real Estate Invt Trust Stock Performance

The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09. The stock has a market cap of C$658.66 million, a PE ratio of -1.83 and a beta of 0.61. The business’s 50-day moving average price is C$17.52 and its 200-day moving average price is C$17.37.

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) last posted its earnings results on Monday, May 11th. The company reported C($2.77) EPS for the quarter. The firm had revenue of C$39.41 million for the quarter. Minto Apartment Real Estate Invt Trust had a negative net margin of 22.43% and a negative return on equity of 3.19%. As a group, equities research analysts expect that Minto Apartment Real Estate Invt Trust will post 1.0174984 earnings per share for the current fiscal year.

Minto Apartment Real Estate Invt Trust Company Profile

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, Calgary and Vancouver.