Dexus (OTCMKTS:DXSPF) Trading 3.5% Higher – Still a Buy?

Shares of Dexus (OTCMKTS:DXSPFGet Free Report) traded up 3.5% during mid-day trading on Friday . The stock traded as high as $7.65 and last traded at $7.65. 6,500 shares traded hands during trading, an increase of 185% from the average session volume of 2,284 shares. The stock had previously closed at $7.3910.

Dexus Stock Performance

The firm has a 50-day moving average of $7.65 and a 200 day moving average of $7.65.

Dexus Company Profile

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Dexus (OTCMKTS:DXSPF) is a leading Australian real estate investment trust specialising in the ownership, management and development of office and industrial properties. Headquartered in Sydney, the company’s portfolio spans major metropolitan markets including Sydney, Melbourne, Brisbane and Perth. Dexus provides a range of property services, from leasing and facilities management to strategic asset and funds management on behalf of institutional and wholesale investors.

Originally launched in 1998 as Macquarie Countrywide Trust, the business rebranded to Dexus in 2011 to reflect its broader focus on integrated property solutions across Australia.

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