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Artis Real Estate Investment Trust Shares Cross Below Book Value In trading on Thursday, shares of Artis Real Estate Investment Trust (Toronto: AX-UN) crossed below their last reported book value -- defined as common shareholder equity per share -- of $15.95, changing hands as low as $15.91 per share. Artis Real Estate Investment Trust shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of AX.UN shares, versus its 50 and 200 day moving averages:
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