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Automotive Properties Real Estate Investment Trust inches higher, resistance at 12-day EMA February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Automotive Properties Real Estate Investment Trust (TSX:APR.UN), has increased 0.6% but fell short of the 12-day Exponential Moving Average [EMA] of CAD10.88. The volume was 0.5 times the average trading volume of 27,982 units.

SECTION 1

AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST BULLISH SIGNALS

1.1 Fundamentals:

+ The relative yield of the unit, defined by its yield of 13.5%, divided by average yield of dividend yielding stoc...