Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Trading 0.1% Higher – What’s Next?

Minto Apartment Real Estate Invt Trust (TSE:MI.UN)’s share price traded up 0.1% during mid-day trading on Thursday . The company traded as high as C$17.46 and last traded at C$17.43. 194,730 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 143,866 shares. The stock had previously closed at C$17.42.

Minto Apartment Real Estate Invt Trust Trading Down 0.1%

The firm has a market cap of C$637.78 million, a P/E ratio of -1.77 and a beta of 0.62. The business’s 50-day moving average is C$17.51 and its two-hundred day moving average is C$16.79. The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09.

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) last issued its quarterly earnings data on Monday, May 11th. The company reported C($2.77) earnings per share (EPS) for the quarter. The business had revenue of C$39.41 million during the quarter. Minto Apartment Real Estate Invt Trust had a negative return on equity of 3.19% and a negative net margin of 22.43%. As a group, 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.