Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) Shares Down 2.8% – Here’s What Happened

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTFGet Free Report) traded down 2.8% during trading on Friday . The stock traded as low as C$7.04 and last traded at C$7.04. 2,487 shares were traded during mid-day trading, an increase of 81% from the average session volume of 1,376 shares. The stock had previously closed at C$7.24.

Automotive Properties Real Estate Investment Trust Price Performance

The company has a 50 day simple moving average of C$7.38 and a 200 day simple moving average of C$8.18.

Automotive Properties Real Estate Investment Trust Company Profile

(Get Free Report)

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.

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