First Capital Real Estate Investment Trust (OTCMKTS:FCXXF – Get Free Report)’s stock price shot up 3.1% on Thursday . The stock traded as high as $14.45 and last traded at $14.43. 400 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 480 shares. The stock had previously closed at $14.00.
First Capital Real Estate Investment Trust Price Performance
The stock’s 50-day moving average is $13.74 and its 200 day moving average is $13.72.
About First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) is a Canadian real estate investment trust focused on the ownership, development and management of retail properties. The trust’s portfolio primarily comprises grocery-anchored and necessity-based shopping centres that serve urban and suburban neighbourhoods across Canada. By concentrating on properties with stable, long-term lease profiles and essential service offerings, First Capital REIT aims to provide consistent occupancy and rental revenue streams.
Established in 2012 through a strategic spin-off from an existing Canadian property group, First Capital REIT has grown its holdings through acquisitions, selective developments and joint-venture partnerships.
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