Killam Apartment REIT (OTCMKTS:KMMPF) Stock Price Up 0.5% – Time to Buy?

Killam Apartment REIT (OTCMKTS:KMMPFGet Free Report)’s share price was up 0.5% during mid-day trading on Friday . The company traded as high as $13.06 and last traded at $13.06. Approximately 21,016 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 29,072 shares. The stock had previously closed at $13.00.

Analyst Upgrades and Downgrades

A number of analysts recently commented on KMMPF shares. Scotiabank reiterated an “outperform” rating on shares of Killam Apartment REIT in a research note on Friday, May 8th. TD Securities reiterated a “buy” rating on shares of Killam Apartment REIT in a research note on Friday, May 8th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Killam Apartment REIT in a research note on Friday, May 8th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Killam Apartment REIT in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Killam Apartment REIT presently has a consensus rating of “Buy”.

View Our Latest Stock Analysis on KMMPF

Killam Apartment REIT Price Performance

The stock’s fifty day moving average is $12.22 and its 200-day moving average is $12.23.

About Killam Apartment REIT

(Get Free Report)

Killam Apartment REIT (OTCMKTS: KMMPF) is a Canadian real estate investment trust that acquires, owns and manages a diversified portfolio of residential rental properties. Listed on the Toronto Stock Exchange under the symbol KMP.UN and trading in the United States on the OTC Market, the trust focuses on the long-term ownership of multi-unit residential assets. Its business model combines property management expertise with a disciplined approach to acquisitions and development, aiming to deliver stable rental income and capital growth.

The REIT’s portfolio spans Atlantic Canada, Ontario, Alberta and British Columbia, with a concentration of properties in Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island.

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