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

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

Minto Apartment Real Estate Invt Trust Trading Up 0.1%

The company has a debt-to-equity ratio of 101.09, a current ratio of 1.11 and a quick ratio of 0.04. The firm has a market cap of C$638.51 million, a price-to-earnings ratio of -1.77 and a beta of 0.62. The business’s 50-day moving average price is C$17.52 and its two-hundred day moving average price is C$16.78.

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) last announced its earnings results on Monday, May 11th. The company reported C($2.77) earnings per share (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 return on equity of 3.19% and a negative net margin of 22.43%. Equities analysts expect that Minto Apartment Real Estate Invt Trust will post 1.0174984 earnings per share for the current year.

About Minto Apartment Real Estate Invt Trust

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.