Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF – Get Free Report)’s share price rose 0.9% during mid-day trading on Tuesday . The company traded as high as $24.77 and last traded at $24.50. Approximately 2,484 shares were traded during trading, a decline of 89% from the average daily volume of 22,308 shares. The stock had previously closed at $24.29.
Canadian Apartment Properties Real Estate Investment Trust Stock Performance
The stock’s 50-day moving average is $26.20 and its 200-day moving average is $27.00.
About Canadian Apartment Properties Real Estate Investment Trust
Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS: CDPYF) is one of Canada’s largest publicly traded real estate investment trusts, specializing in the acquisition, ownership and management of residential rental properties. Founded in 1996 and headquartered in Toronto, the trust focuses on delivering stable and growing distributions through investments in multi-family apartment buildings, townhome complexes and manufactured home communities.
CAPREIT’s portfolio spans major metropolitan and regional markets across Canada, including Ontario, Quebec, British Columbia, Alberta and Manitoba.
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