Maxus Realty Trust (OTCMKTS:MRTI) Issues Quarterly Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) posted its earnings results on Thursday. The company reported $1.99 earnings per share (EPS) for the quarter, Zacks reports.

Maxus Realty Trust Stock Performance

MRTI stock remained flat at $72.50 during midday trading on Thursday. The firm has a fifty day simple moving average of $75.87 and a two-hundred day simple moving average of $74.84. Maxus Realty Trust has a 1-year low of $54.00 and a 1-year high of $103.99.

About Maxus Realty Trust

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.