Allied Properties Real Estate Investment Trust (TSE:AP.UN) Issues Earnings Results

Allied Properties Real Estate Investment Trust (TSE:AP.UN) issued its quarterly earnings data on Wednesday. The real estate investment trust reported C$0.13 earnings per share for the quarter, reports. The business had revenue of C$138.12 million during the quarter. Allied Properties Real Estate Investment Trust had a negative net margin of 89.93% and a negative return on equity of 8.01%.

Allied Properties Real Estate Investment Trust Trading Down 4.7%

Allied Properties Real Estate Investment Trust stock opened at C$5.33 on Thursday. Allied Properties Real Estate Investment Trust has a 52 week low of C$5.31 and a 52 week high of C$18.85. The firm has a market capitalization of C$1.04 billion, a PE ratio of -0.42 and a beta of 0.96. The business’s 50-day simple moving average is C$7.30 and its 200-day simple moving average is C$9.67. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45.

Allied Properties Real Estate Investment Trust Company Profile

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.