Canadian Apartment Properties Real Estate Investment Trust Un Shares Rise

Shares of Canadian Apartment Properties Real Estate Investment Trust Un (CAR.UT) saw a 1.18% increase to C$49.55 on Friday, reflecting a generally positive trading day for the Canadian market. The S&P/TSX Composite Index (GSPTSE) rose by 0.43% to 21,009.60. The stock closed at a price of C$5.05 below its 52-week high of C$54.60, which it reached on December 14th. Despite the rise in shares, the trading volume of 376,484 shares remained below its 50-day average volume of 397,352.

Automation technology provider, Automated Insights, generated this story using data from Dow Jones and FactSet. The market data terms of use apply.

Rising Investor Interest in Canadian Apartment Properties

Canadian Apartment Properties Real Estate Investment Trust Un (CAR.UT) experienced a notable uptick in its share prices on Friday, gaining 1.18% to reach C$49.55. As the Canadian market also saw positive growth, with the S&P/TSX Composite Index (GSPTSE) rising by 0.43% to 21,009.60, investor interest in the real estate investment trust intensified. However, although the stock closed below its 52-week high of C$54.60, achieved on December 14th, the market trading volume of 376,484 shares fell short of the 50-day average volume of 397,352.

This insightful data was generated by Automated Insights, a leading automation technology provider, utilizing information sourced from Dow Jones and FactSet. Please refer to the market data terms of use for more information.

Q: What was the change in shares for Canadian Apartment Properties Real Estate Investment Trust Un (CAR.UT) on Friday?

A: Shares of CAR.UT saw a 1.18% increase to C$49.55.

Q: What was the performance of the Canadian market on Friday?

A: The S&P/TSX Composite Index (GSPTSE) rose by 0.43% to 21,009.60.

Q: Did the stock of CAR.UT close above its 52-week high?

A: No, the stock closed at a price of C$49.55, which is below its 52-week high of C$54.60 reached on December 14th.

Q: What was the trading volume for CAR.UT on Friday?

A: The trading volume was 376,484 shares.

Q: How does the trading volume compare to the 50-day average volume?

A: The trading volume fell short of the 50-day average volume of 397,352 shares.

Key Terms and Definitions

1. Canadian Apartment Properties Real Estate Investment Trust Un (CAR.UT) – A real estate investment trust that focuses on residential properties in Canada.

2. S&P/TSX Composite Index (GSPTSE) – A stock market index that represents the performance of the Canadian equity market.

3. 52-week high – The highest price at which a stock has traded in the past 52 weeks.

4. Trading volume – The number of shares or contracts traded in a security or market during a given period of time.

5. Average volume – The average number of shares or contracts traded in a security or market over a specific period of time.

Related Links

Canadian Apartment Properties Real Estate Investment Trust
S&P/TSX Composite Index
Dow Jones
FactSet